25 Commercial StreetKorumburra VIC 3950
Property Details for 25 Commercial St, Korumburra
25 Commercial St, Korumburra is a bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 218m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other bedroom House sold in Korumburra in the last 12 months.
Last Listing description (December 2017)
LOCATED IN KORUMBURRA'S BUSY COMMERCIAL STREET, THIS SHOP BENEFITS FROM PLENTY OF FOOT TRAFFIC ANDHAS ADEQUATE PARKING AT BOTH FRONT AND BACK, WITH REAR ACCESS THROUGH THE COURTYARD. ONCE A BUSY CAFE AND THEN AN INDIAN RESTAURANT, THIS SHOP IS NOW WAITING FOR THE NEXT BUSINESS MINDED PERSON TO TAKE OVER AND START THEIR OWN BUSINESS. WITH A LARGE FRONT EATING AREA, A KITCHEN AND STORAGE ROOM, A CONCRETED OUTDOOR AREA PERFECT FOR OUTDOOR TABLES AND CHAIRS AND TWO LARGE ROOMS UPSTAIRS FOR POTENTIAL FUNCTIONS OR ACCOMODATION (STCA) (COMPLETE WITH PERIOD FEATURES INC. ORIGINAL VICTORIAN ERA FIREPLACE), THE OPPORTUNITIES ARE ENDLESS!LEASE PRICE IS $300 PER WEEK PLUS GST AND OUTGOINGS.ALL EQUIPMENT INCLUDING 2 X GAS OVENS/COOKTOPS, STAINLESS STEEL BENCHTOPS AND SINKS, BAIN MARIE, COUNTER TOPS, TABLES AND CHAIRS, FRIDGES AND FREEZERS AND SUNDRIES INCLUDING PLATES, CUTLERY AND COOKWARE IS ALL TO BE SOLD WITH THE LEASE AT $24,000 NEGOTIABLE.WHEN YOU THINK OF THE COST OF BUYING ALL OF THIS EQUIPMENT NEW AND STARTING FRESH, THIS IS A BARGAIN!CALL TODAY TO BOOK AN INSPECTION BUT DON'T HESITATE - A BUSINESS OPPORTUNITY LIKE THIS IN A TOWN GROWING AS FAST AS KORUMBURRA WON'T LAST LONG.
Property History for 25 Commercial St, Korumburra, VIC 3950
- 23 May 2024Sold for $400,000
- 06 Dec 2017Listed for Rent - Price not available
- 18 May 2017Listed for Sale $30,000
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0About 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 3,102 properties. Over the last 5 years, Houses in Korumburra have seen a 65.12% increase in median value, while Units have seen a 66.00% increase. As at 31 October 2024:
- The median value for Houses in Korumburra is $559,633 while the median value for Units is $443,273.
- Houses have a median rent of $440 while Units have a median rent of $375.
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