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Sold on 14 Dec 2023 - Price Unavailable

27 Commercial Street
Korumburra VIC 3950

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 10m2
Land area: 256m2
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Property Details for 27 Commercial St, Korumburra

Building Type
Commercial
Floor Size
10m2
Land Size
256m2
Local Government
South Gippsland
Lot/Plan
1/TP620768

Last Listing description (December 2023)

A unique blank canvas opportunity exists to purchase a commercial site, in the heart of Korumburra's commercial centre (main street). Location is key and this well positioned property offers a wide variety of possibilities for entrepreneurs and businesses seeking to invest in this thriving township, this site presents a compelling investment opportunity.

Features of this commercial property include:

• Zoned Commercial 1

• Block size of 256m2
• Dual street frontage
• Existing structure includes upstairs office (framed) and modern shop front
• Structural engineering report available
• Ideal position in Korumburra's main street

If you would like to inspect this property or have any questions, please contact Katrina Griggs on 0428 571 083 or Don Olden on 0417 805 312. Property for sale by Expressions of Interest closing Monday 11th December at 4pm.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

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Property History for 27 Commercial St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
14 Dec 2023
  • 14 Dec 2023
    Sold for $231,000
  • 30 Oct 2023
    Listed for Sale Expressions of Interest
  • 04 Sep 2014
    Sold for $430,000
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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.

    There are currently 98 properties listed for sale, and no properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Korumburra.

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    Contact agent
    Don Olden
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    Katrina Griggs
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    Elders Real Estate Leongatha/Korumburra
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