20 Massimo WayKorumburra VIC 3950
Property Details for 20 Massimo Way, Korumburra
20 Massimo Way, Korumburra is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 760m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Korumburra in the last 12 months.
Last Listing description (July 2024)
Discover the joy of easy living and an attractive investment opportunity at 20 Massimo Way, Korumburra. This modern, entry-level home doesn't just offer comfort and convenience, but also holds promising potential for a strong return on investment.
Sprawling over one well-designed level, this 4-bedroom, 2-bathroom abode is a delightful find. Each bedroom is fitted with built-in robes, offering ample storage space. The master bedroom stands as a retreat on its own, featuring an ensuite and a generous walk-in robe.
The light-filled main living area offers a relaxed ambiance, perfectly complemented by quality carpeting throughout. The kitchen is spacious, functional, and perfect for catering to your culinary needs. Ducted natural heating throughout has you covered in winter, plus a split system in the master.
Step outside to a covered alfresco area for laid-back weekends or a peaceful morning coffee. The secure backyard offers ample room for outdoor activities or a safe play area for children or pets. Additionally, a double garage adds the practicality of secure off-street parking and additional storage.
As an investment opportunity, this property comes with significant appeal. With a projected rental income of $480 per week and pre-approved, quality tenants ready and waiting, this home offers an attractive yield for investors seeking a reliable income stream.
Welcome to your new start or the start of your investment journey at 20 Massimo Way - a home that blends modern, uncomplicated living with financial potential. Here's an entry-level dream home that truly pays off!
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.
Property History for 20 Massimo Way, Korumburra, VIC 3950
- 22 Jun 2024Sold for $500,000
- 27 Sep 2023Listed for Rent $450 / week
- 21 Jul 2023Listed for Sale Not Disclosed
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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 3,100 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.
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