198 Koroit StreetWarrnambool VIC 3280
Property Details for 198 Koroit St, Warrnambool
Last Listing description (October 2023)
This retail/office building with period facade is located in a high traffic area just west of Liebig Street in central Warrnambool.
The lettable area provides for approx. 240 sqm over two levels. The ground floor includes a reception area, two offices, kitchen, bathroom and toilet. Three further office spaces and an outdoor deck are located on the first floor.
The property has a long history of occupancy including Computer services, beauty, etc. Alternatively, there is opportunity to utilise the premises for business and residential living (live/work scenario).
Surrounded by professional businesses and eateries and with a freshly painted interior, the property represents a fantastic opportunity for office, retail and food businesses to move straight in and start trading.
Contact Leasing Agent Christine Steere 0409906223 for further details.
Property History for 198 Koroit St, Warrnambool, VIC 3280
- 15 May 2023Listed for Rent - Price not available
- 24 Feb 2023Sold for $450,000
- 20 Jan 2023Listed for Sale Auction
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About Warrnambool 3280
The size of Warrnambool is approximately 65.1 square kilometres. It has 76 parks covering nearly 6.4% of total area. The population of Warrnambool in 2016 was 29661 people. By 2021 the population was 31308 showing a population growth of 5.6% in the area during that time. The predominant age group in Warrnambool is 60-69 years. Households in Warrnambool are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrnambool work in a professional occupation.In 2021, 67.10% of the homes in Warrnambool were owner-occupied compared with 63.70% in 2016.
Warrnambool has 19,821 properties. Over the last 5 years, Houses in Warrnambool have seen a 45.46% increase in median value, while Units have seen a 24.82% increase. As at 31 March 2026:
- The median value for Houses in Warrnambool is $686,827 while the median value for Units is $444,586.
- Houses have a median rent of $600 while Units have a median rent of $450.
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