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126 Commercial Road Koroit, VIC 3282

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126 Commercial Road,
Koroit, VIC 3282

Shops & Retail • Development Sites & Land

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VERY RARE - FREEHOLD & DEVELOPMENT OFFERING!

Located in the heart of Koroit, is this fantastic property with so much potential and diverse options.

Koroit Bakery Freehold sale with Planning Permit approved for 3 townhouses.

- Secure lease offered at $60,000 per annum plus GST & Outgoings
- 5 years with 2 x 3 year options
- Each townhouse is designed with 2 bedrooms, 2 bathrooms & double garages
- Ideal for aging population searching for central low maintenance housing
- Perfect short term accommodation options also as Koroit & the district have many cultural festivals & events that attract people from across the country
- 1625m2 total

A purchase of the freehold will offer you a solid income straight away then depending on what you do with the development there is certainly further income to be created.

Call today for further information and to register your interest.

Additional information

Koroit, 3282 demographic data

The median household income for Koroit is $1,466, 6% higher than Regional Victoria's household income of $1,386. Koroit has a younger age profile compared to the rest of Regional Victoria (median age 41 vs 43). Property ownership data shows 48% of property owners in Koroit have a mortgage.

2,184
Population
$1,466 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
04095318...
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126 Commercial Road
Koroit, VIC 3282
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