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Sold on 26 Aug 2024 - Price Unavailable

22 Cuthbert Street
Corinella VIC 3984

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 130m2
Land area: 1740m2
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Alex Scott & Staff Grantville
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Property Details for 22 Cuthbert St, Corinella

22 Cuthbert St, Corinella is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 1740m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Corinella in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
130m2
Land Size
1740m2
Local Government
Bass Coast
Lot/Plan
4/LP149322

Last Listing description (August 2024)

22 Cuthbert Street presents an excellent opportunity for savvy investors. Firstly, the property sits on a spacious flat square corner block of approximately 1,740m2, making it an ideal candidate for 3-4 lot subdivision (STCA). Secondly, it boasts a reliable tenant, ensuring immediate and ongoing rental income.

The cosy weatherboard house on the premises features three comfortable bedrooms with built-in robes, a functional kitchen, and a drive-through driveway with a carport. The expansive garden with trees, grass, and bushes adds to the property's charm. It's equipped with NBN full fibre, perfect for remote work or entertainment.

Conveniently located just a 10-minute stroll from the dog beach and the renowned Fig on the Bay cafe, and with easy access to amenities and major highways, including Phillip Island's surf beaches within a 25-minute drive, the bay side location in Corinella is highly desirable.

Potential for future development through 3-4 Lot subdivision potential STCA , this property offers both immediate rental returns and long-term growth prospects.

Please call Angus or Hayley to arrange a private inspection of this unique property.

Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

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Property History for 22 Cuthbert St, Corinella, VIC 3984

A timeline of how this property has performed in the market
Last Sold
26 Aug 2024
Listed for Rent
$290/w
26 Sep 2014
  • 26 Aug 2024
    Sold
  • 09 May 2024
    Listed for Sale Not Disclosed
  • 05 Sep 2014
    Listed for Rent - Price not available
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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 34 properties listed for sale, and 1 property listed for rent in Corinella on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Corinella.

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