FOR SALE
$1,800,000 - $1,900,000

480 Corinella Road
Corinella VIC 3984

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 11.6ac
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Rural Activity Zone

Nestled in the charming locale of Corinella, Victoria, lies a stunning coastal lifestyle hobby farm that promises a serene retreat coupled with an outstanding investment opportunity. This property is an idyllic sanctuary boasting 11.6 acres of sprawling land, offering a life of tranquil privacy with magnificent views of Western Port Bay.
Investors will be captivated by the immense potential of this prime parcel of land, zoned Rural Activity, opening doors to a myriad of commercial ventures, including tourism-related developments such as caravan parks, boat and caravan storage facilities, self-storage, or even bespoke accommodation or Airbnb enterprises, subject to council approval (STCA).
The dwelling at the heart of this estate is a charming 3-bedroom, 1-bathroom house, featuring an inviting open living area, currently undergoing renovations with the lion's share of the work already accomplished. The right buyer will find an almost complete canvas waiting for the finishing touches to transform this gem into a profitable venture or a delightful weekend getaway.
Three substantial-sized sheds offer ample storage or the prospect of additional developments, enhancing the property's utility and appeal. With parking space for six vehicles, this estate is tailored for those who seek to combine their passion for the great outdoors with the practicalities of modern amenities.
This property is not only an investment in real estate but an investment in a lifestyle that offers peace, productivity, and potential. It's the perfect time to capitalise on this exceptional offering and secure your piece of coastal paradise. The promise of a rural escape and the allure of future development possibilities make this a compelling prospect for any discerning investor.
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Property Details for 480 Corinella Rd, Corinella

480 Corinella Rd, Corinella is a 3 bedroom, 1 bathroom AcreageSemi-rural with 4 parking spaces. The property has a land size of 11.6ac. The place is currently for sale with AUDDINO FIRST NATIONAL - Korumburra.

Building Type
AcreageSemi-rural
Land Size
11.6ac

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About Corinella 3984

The size of Corinella is approximately 15.4 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Corinella in 2011 was 630 people. By 2016 the population was 808 showing a population growth of 28.3% in the area during that time. The predominant age group in Corinella is 60-69 years. Households in Corinella are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Corinella work in a trades occupation. In 2011, 77.1% of the homes in Corinella were owner-occupied compared with 74.7% in 2016.

Corinella has 979 properties. Over the last 5 years, Houses in Corinella have seen a 41.51% increase in median value. As at 31 October 2024:

  • The median value for Houses in Corinella is $652,816 while the median value for Units is $485,524.
  • Houses have a median rent of $488.
There are currently 36 properties listed for sale, and 1 property listed for rent in Corinella on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Corinella.

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Mark Holmes
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George Auddino
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AUDDINO FIRST NATIONAL - Korumburra
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