74 Princes StreetKorumburra VIC 3950
Property Details for 74 Princes St, Korumburra
74 Princes St, Korumburra is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1120m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Korumburra in the last 12 months.
Last Listing description (June 2024)
Seize the opportunity to capitalize on a promising property located at 74 Princes Street, Korumburra, VIC, 3950. This three-bedroom, one-bathroom house, set upon a generous 1120 square meter flat block, boasts dual road frontages, making it an ideal candidate for subdivision (STCA), and enhancing its potential for significant returns.
A true renovator's delight, the property awaits a transformation to unlock its full value. Featuring a single carport for parking convenience and a welcoming front verandah, this home offers a classic canvas upon which to imprint your vision.
The sizable land parcel accompanying this residence presents a rare development opportunity in a growing area, with ample space to explore multiple avenues for realizing its investment potential. Whether you're looking to refurbish, extend, or develop (subject to council approval), this property is ripe for the picking.
Don't miss the chance to add this strategic acquisition to your investment portfolio. With solid bones and unlimited potential, 74 Princes Street is ready for the astute investor to turn this house into a lucrative asset.
Property History for 74 Princes St, Korumburra, VIC 3950
- 08 Jun 2024Sold for $395,000
- 23 Apr 2024Listed for Sale $390,000 - $415,000
- 10 Sep 2008Listed for Rent - Price not available
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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 3,105 properties.
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