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Commercial Property

870 Drouin-Korumburra Road

Athlone VIC 3818, Australia

- Parking
561609 m² Land size
- Internal area
$2,000,000 Last sale (2017)

About this commercial property

870 Drouin-Korumburra Road is in Athlone, VIC and is presented as a Commercial with land size of 561,609 m². The property operates as a mixed agricultural enterprise with a dairy lease generating $60k per annum and includes a Victorian farmhouse Sold for $2,000,000 on 8 Dec 2017. The estimated weekly rent is $948 per week

Key details

Locality
Athlone
State
VIC
Coordinates
38.23874684 / 145.78073094
GNAF PID
GAVIC410781291
Legal parcel ID
1\LP212955
Remoteness area
Regional
Property type
Commercial
Land size
561609 m²
Internal area
-
Bushfire risk
Present
Flood risk
Present
Heritage overlay
None detected
Zoning
Non‑residential (Lot 1, Plan LP212955) – agricultural zone
Land Use Category
Commercial

Market estimates

Based on curated rent estimate, web rent evidence.

Expected weekly rent
$948
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
26 Dec 2017
Sale
8 Dec 2017
$2,000,000$3

Price per m² based on land size of 561609 m².

Property insights

Building profile

  • The property operates as a mixed agricultural enterprise with a dairy lease generating $60k per annum and includes a Victorian farmhouse

Property Features

  • Milk‑production facilities (milking shed, dairy equipment) on‑site
  • Large rural farm (56–81 ha) with Victorian farmhouse and dairy facilities

Recorded sales and leasing agents

Recorded sale agency (2017 sale)
Weast Real Estate & Business Brokers recorded for the 2017 sale

Area insights

The surrounding precinct places public transport within easy reach
  • Athlone railway station former railway station on the Drouin‑Korumburra line, approximately from the property; 0.2 km away

Frequently asked questions

What water feature is associated with the Athlone area?

Minniebar Creek runs near the Athlone locality

In which local government area is Athlone situated?

Athlone lies within the Shire of Baw Baw in the state of Victoria, Australia

En.wikipedia.org
What is the postcode for Athlone, Victoria?

The postcode for Athlone, Victoria is 3818

En.wikipedia.org
Which railway station is closest to 870 Drouin‑Korumburra Road?

Athlone railway station is the nearest station, located approximately 0.2 km away

What is the administrative classification of Athlone?

Athlone is classified as a locality in Victoria, Australia

What kind of property is this?

870 Drouin-Korumburra Road is listed as Commercial in Athlone, VIC

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

870 Drouin-Korumburra Road is described with land size of 561,609 m²

What asking price or listing price is shown?

870 Drouin-Korumburra Road includes Sold for $2,000,000 on 8 Dec 2017

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