Nestled in the heart of charming Koroit, 47 Clarke Street sits on a commanding 853 m² (approx.) block larger corner allotment and offering exceptional scope for future development. Boasting a classic three-bedroom, one-bathroom home built in 1920, this weatherboard residence presents flexibility as a comfortable family dwelling or a cash-flowing rental, all while you explore subdivision or extension options.
Positioned strategically within a desirable locale, the property benefits from strong demand in the area, where recent sales show Koroit's median house prices hovering around $600,000. With substantial frontage and depth, the allotment is ideally setup for subdivision (STCA), or alternatively for a bold renovation or dual dwelling buildproviding lucrative entry into the local property market.
Beyond the property, Koroit's peaceful, rural charm yet proximity to Warrnambool (just 18 km away) enhances its lifestyle appeal. Investors, families, and developers alike will recognize the rare value of a large block with endless potential in such a neighborhoodthis is more than a home; it's an opportunity.
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