Warrnambool: Gothic-style former school, church hits the market as an expansive home

By Realestates News On Oct 16, 2024

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241 Koroit St, Warrnambool has come to market.

A gothic style property steeped in rich history in the middle of Warrnambool has come to market.

The five-bedroom building at 241 Koroit St was originally built as a school known as Ellerslie College in 1886 and has $1.54m price hopes.

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Ellerslie continued to operate into the 19th century but Northeast Stockdale & Leggo Real Estate Warrnambool director Matt Northeast said the property had a “myriad of uses in its past”.

“It’s been a college, so it’s been a school. It’s been a church. It’s been a residential home. It’s also been an office,” Mr Northeast said.

“For the last four or five years, it’s been used as a Baptist church but not really as a church, more of just a meeting place.”

The kitchen adorned in wood.

One of many large living or office spaces.

He added that the versatility of the building meant it was ideal for both a business venture or as a “brilliant home”.

The entire property is set on around 1400sq m including a 405sq m residence which has rich timber flooring throughout.

It was last sold in March 2016 for $849,000 and $190,000 in December 1998.

Mr Northeast said one of the major drawcards of the historic pile was its proximity to supermarkets, restaurants and bars.

“It’s literally in the heart of the CBD in Warrnambool; the main street’s only one and a half blocks away,” he said.

“And you even get ocean glimpses from your back yard; it’s pretty special.”

Another room fit for a variety of purposes.

Stained glass windows are featured throughout the building.

Established garden beds at the rear of the property.

Inside, there are five bedrooms, a kitchen, sunroom, undercover entertaining area, laundry and office while outside at the rear of the allotment, a garden with raised garden beds can be found.

Mr Northeast said the housing market in Warrnambool was “still reasonably strong” but not as buoyant as it was during Covid when people were trying to escape metropolitan areas.

“The market is still consistent. I would suggest that it’s pretty much gone back to what our market was prior to Covid,” he said.

“Warrnambool’s always been a fairly strong market given that it’s on the coast (and) we’ve got two beautiful rivers running through the city and there’s plenty of work.

“It’s a very easy place to live.”

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