FOR SALE
$680,000 - $730,000

66 Bena Road
Korumburra VIC 3950

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 905m2
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The Brief: Ideal Investment Opportunity

Set in Korumburra’s new and sought after Botanica Estate, this brand-new build offers a sizeable floorplan and flexible layout, offering endless options for dual occupancy, multi-generational living or just space for the whole family to spread out and enjoy.
Flooded with natural light, the central living zone enjoys a beautiful view of the rolling hills in the distance. A functional kitchen offers stainless steel appliances, dishwasher and a full length island bench and overlooks the lounge and dining space.
At the front of the home, you have a bedroom, bathroom and living zone with a separate entrance, creating a perfect space for a teenager or elderly relative to live independently or even rent it out for an extra source of income. The master bedroom is well appointed with a full ensuite and walk-in robe, plus a further 3 bedrooms serviced by a third family bathroom.
You can enjoy your morning coffee on the back deck with a fantastic rural outlook. There are multiple split system units for heating and cooling plus roller blinds, easy-care floating floors and quality carpets throughout.
The sizeable 905m2 is a complete blank canvas, ready for you to let your imagination run wild – you might choose to create something spectacular and take advantage of the natural slope or maybe just keep it simple. Double gates provide that all-important access to the rear of the home.
We are facing unprecedented demand for rental properties at the moment and this home would comfortably achieve $550 per week in rent, or a total return of $750 per week if both spaces were rented separately.
Whether you’re looking for a lucrative investment or a sizeable family home with enough room to grow and a functional, flexible floorplan, this is well worth your inspection.
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 66 Bena Rd, Korumburra

66 Bena Rd, Korumburra is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 905m2. The place is currently for sale with AREA SPECIALIST KEYSBOROUGH.

Building Type
House
Land Size
905m2

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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 3,103 properties. Over the last 5 years, Houses in Korumburra have seen a 73.74% increase in median value, while Units have seen a 61.68% increase. As at 30 November 2024:

  • The median value for Houses in Korumburra is $574,019 while the median value for Units is $441,594.
  • Houses have a median rent of $440 while Units have a median rent of $375.
There are currently 103 properties listed for sale, and 5 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

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Jack Gilchrist
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AREA SPECIALIST KEYSBOROUGH
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.