Yardize logo Yardize
Commercial Property

885 Drouin-Korumburra Road

Athlone VIC 3818, Australia

- Parking
925811 m² Land size
- Internal area
$1,272,000 Last sale (2021)

About this commercial property

885 Drouin‑Korumburra Road is a rural site in the locality of Athlone, Victoria. The parcel hosts a modest residence and is primarily used for agricultural activities under the ownership of Eighth Tilaran Pty Ltd. The company is classified under NAICS 1121, indicating crop and animal production, and reported revenue of $0.82 million, confirming active farming use of the land.

The property is situated on a long‑standing rural road corridor within the Shire of Baw Baw, offering easy access to surrounding agricultural areas. It lies very close to the historic Athlone railway station site, reflecting its placement within a sparsely developed region

Key details

Locality
Athlone
State
VIC
Coordinates
38.24071143 / 145.78045379
GNAF PID
GAVIC410786729
Legal parcel ID
1\TP423521
Remoteness area
Regional
Property type
Commercial
Land size
925811 m²
Internal area
-
Bushfire risk
Present
Flood risk
Present
Heritage overlay
None detected
Zoning
Non‑residential (agricultural)
Land Use Category
Commercial

Commercial property information

EIGHTH TILARAN PTY. LIMITED
Company
Agriculture Crop Production / Animal Production
Verified at this address

Business register snippet shows the address as 885 Drouin‑Korumburra Rd, Athlone, VIC 3818.

Market estimates

Based on curated rent estimate, web rent evidence.

Expected weekly rent
$762
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
1 Jul 2021
$1,272,000$1
Sale
4 Dec 2020
$960,000$1

Price per m² based on land size of 925811 m².

Property insights

Building profile

  • A corporate entity linked to the address, classified under NAICS 1121 (Crop/Animal Production) with recent revenue of $0.82 million, indicating active agricultural use of the large parcel App.indexbox.io

Property Features

  • Recent sales show modest appreciation: Sold for $960,000 in Dec 2020 and $1.27 million in Jul 2021 App.indexbox.io
  • Agricultural land with low building coverage: 92.58 ha parcel with <1% building coverage, suitable for farming

Frequently asked questions

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

885 Drouin-Korumburra Road is described with land size of 925,811 m²

App.indexbox.io
Which locality is the property situated in?

The property is located in Athlone, Victoria, a small rural community in the Shire of Baw Baw

En.wikipedia.org
What type of business operates at 885 Drouin‑Korumburra Road?

The address is occupied by an agribusiness engaged in crop and animal production (NAICS 1121)

App.indexbox.io
What is the nearest former railway station to the property?

Athlone railway station, a former station, is about 0.1 km from the address

What revenue has the owning company reported recently?

Eighth Tilaran Pty Ltd reported revenue of $0.82 million in its latest filing

App.indexbox.io
What road provides access to the property?

The site is accessed via Drouin‑Korumburra Road, the main thoroughfare through Athlone

En.wikipedia.org
What kind of property is this?

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

App.indexbox.io
What asking price or listing price is shown?

885 Drouin-Korumburra Road includes Sold for $1,272,000 on 1 Jul 2021

App.indexbox.io

Related profiles

Jump to the related profiles for this address.