65 Princes StreetKorumburra VIC 3950
Property Details for 65 Princes St, Korumburra
65 Princes St, Korumburra is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 533m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (October 2023)
Privately set behind an established hedge and conveniently located within walking distance of all amenities, ?Princes Cottage? is one of the last remaining original-sized miner's cottages in Korumburra. Whether you?re looking for a weekender, a positive cashflow business or thinking of downsizing to a stunning country cottage, this one ticks all the boxes.
Step into a world of warmth and nostalgia as you enter this cosy abode, brimming with original charm. Currently operating as the highly successful 'Princes Cottage Korumburra' on Airbnb, this delightful home boasts almost 300 glowing five-star reviews and has generated an income of almost $40K in the last 12 months, an average return of $730 per week!
A classic covered veranda welcomes you to the property with a beautiful view of the rolling hills. Inside, you'll find two cosy bedrooms, providing a tranquil retreat for both you and your guests. The open lounge, kitchen, and dining area create a welcoming space to unwind and entertain. The kitchen is well-appointed with stone benchtops, stainless steel appliances, and a dishwasher, making cooking a breeze. Modern bathroom and laundry facilities offer practicality without compromising on style.
Step out to the covered porch at the rear and relish the privacy and serenity of this hidden oasis. The surrounding established cottage gardens and native trees evoke a sense of tranquillity and the backyard offers plenty of space for children and pets to play. Access to a large carport through the rear laneway ensures convenient parking for both owners and guests alike.
The sale includes the turnkey operation of 'Princes Cottage Korumburra,' fully furnished and ready to welcome guests from day one. Should you be looking to occupy the property yourself, vacant possession can be provided. Don't miss this opportunity ? whether you continue the flourishing Airbnb venture or decide to make it your private haven, 65 Princes Street is a treasure trove of potential.
Reach out now to secure this unique property and immerse yourself in the vibrant community of Korumburra.
Key Features:
? Rare and original-sized miner's cottage
? Private location with easy town access
? Successful 'Princes Cottage Korumburra' Airbnb
? Almost 300 five-star reviews
? $38,000 return in the last year
? Established business and fully furnished
? Two cozy bedrooms, a modern bathroom, and a laundry
? Covered porch and garden shed
? Private access to a huge carport via the rear laneway
? Delightful cottage gardens and established native trees
Looking to buy, sell or rent in Korumburra? Give your Area Specialist Jack Gilchrist a call or pop into our office at 100 Victoria 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 65 Princes St, Korumburra, VIC 3950
- 30 Aug 2023Sold for $455,000
- 31 Jul 2023Listed for Sale Not Disclosed
- 24 Jan 2019Sold for $235,000
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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 3,100 properties. Over the last 5 years, Houses in Korumburra have seen a 62.90% increase in median value, while Units have seen a 59.55% increase. As at 31 January 2025:
- The median value for Houses in Korumburra is $557,284 while the median value for Units is $444,979.
- Houses have a median rent of $455 while Units have a median rent of $375.
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