FOR SALE
$799,000

34 Queen Street
Korumburra VIC 3950

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 882m2
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The Brief: ‘Marcelles’ – One of Korumburra’s Finest

Nestled amongst beautiful cottage gardens in one of Korumburra’s most sought after positions, this stunning period home is truly special and has been beautifully restored and updated throughout. Currently operating as ‘Marcelles’, a boutique AirBnB with 138 five-star reviews, the option is there to purchase the property on a walk-in, walk-out basis and continue the thriving business, or you might choose to move in and enjoy all that Korumburra has to offer.
From the moment you arrive, your heart will be captured by the charming façade and paved brick pathway welcoming you into the home. Bursting at the seams with original character including polished Baltic pine floorboards and soaring high ceilings, the main lounge is a comfortable space to sit back and relax, overlooking Coleman Park.
The lounge flows through into the formal dining room, an equally beautiful space with a second open fire. At the rear of the home, the new kitchen is simple but functional and features an upright electric stove and a lovely porcelain sink, plus a second sitting area with etched French glass doors leading straight out to the garden.
The luxurious master suite comes complete with a private ensuite, showcasing feature tiling, a large vanity and walk-in rain shower. The second bedroom is serviced by a central family bathroom with a built-in spa bath. The home is kept comfortable with ducted gas heating throughout.
Stepping outside, the back garden is well established with many different species of trees, flowers and roses, providing many spaces to sit back and enjoy your surroundings. There is a huge double garage with side access via. a concrete driveway and also rear lane access. The large 882m2 block offers subdivision potential in the future.
For those looking for a lucrative investment opportunity and weekend getaway, ‘Marcelles’ is regularly booked at $199 per night and rated in the top 10% of homes on AirBnB with glowing reviews. The current vendors would be happy to guide the new owners moving forward if they wished to continue with the current venture.
This property warms your heart from the moment you arrive and is just moments from the Korumburra main street with a range of shops and cafes to explore, as well as Coleman Park and the swimming pool directly opposite. Your inspection is a must to truly appreciate all that is on offer here – give us a call to arrange your private tour.
Looking to buy, sell or rent in South Gippsland? Get in touch with your expert team today and call Jack Gilchrist on 0411 181 577 or Jassy Batrouney on 0428 294 388 or pop into our office at 8/43-49 Little Commercial Street, Korumburra.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.
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Property Details for 34 Queen St, Korumburra

34 Queen St, Korumburra is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 882m2. The place is currently for sale with AREA SPECIALIST KEYSBOROUGH.

Building Type
House
Land Size
882m2

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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 3,101 properties. Over the last 5 years, Houses in Korumburra have seen a 69.05% increase in median value, while Units have seen a 64.09% increase. As at 30 September 2024:

  • The median value for Houses in Korumburra is $559,191 while the median value for Units is $441,878.
  • Houses have a median rent of $450 while Units have a median rent of $365.
There are currently 103 properties listed for sale, and 3 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Korumburra.

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