FOR RENT
$18,200

10/43 Commercial Street
Korumburra VIC 3950

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 130m2
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Commercial Freehold

A unique opportunity to lease shop 10 in the Karmai Plaza, with foot traffic set to increase with the completion of the new Korumburra Hub. Karmai plaza is pedestrian link between the Main street and new development.
The building consists of a large main retail/showroom space, storeroom, meeting room or office space, 3 x split system heating and air conditioning and toilet facilities.

Property Details for 10/43 Commercial St, Korumburra

Building Type
Commercial
Floor Size
130m2

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About Korumburra 3950

The size of Korumburra is approximately 59.9 square kilometres. It has 13 parks covering nearly 1.4% of total area. The population of Korumburra in 2011 was 4,374 people. By 2016 the population was 4,491 showing a population growth of 2.7% in the area during that time. The predominant age group in Korumburra is 60-69 years. Households in Korumburra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Korumburra work in a trades occupation. In 2011, 74.2% of the homes in Korumburra were owner-occupied compared with 73% in 2016.

Korumburra has 3,105 properties. Over the last 5 years, Houses in Korumburra have seen a 65.12% increase in median value, while Units have seen a 66.00% increase. As at 31 October 2024:

  • The median value for Houses in Korumburra is $559,633 while the median value for Units is $443,273.
  • Houses have a median rent of $440 while Units have a median rent of $375.
There are currently 104 properties listed for sale, and 6 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 108 properties were sold in the past 12 months in Korumburra.

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George Auddino
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AUDDINO FIRST NATIONAL - Korumburra
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