SOLD
RECENT ADVICE
Sold on 15 Nov 2023 for $360,000

87 Commercial Street
Korumburra VIC 3950

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 287m2
Land area: 518m2
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Property Details for 87 Commercial St, Korumburra

Building Type
Commercial
Floor Size
287m2
Land Size
518m2
Local Government
South Gippsland
Lot/Plan
1/TP366547

Last Listing description (November 2023)

Are you looking for a commercial property to invest in? Look no further! Located in the heart of Korumburra's main street is this substantial commercial shop, which is situated on a 518m2 block and has a floor and storage space of approx. 287m2.

Features of this commercial property include:

• Spacious 287m2 showroom and storage space

• Prime position within the main street
• Separate office area
• Restroom facilities included
• Zoned Commercial and Public Use
• Convenient rear lane access via Little Commercial 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.

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

Property History for 87 Commercial St, Korumburra, VIC 3950

A timeline of how this property has performed in the market
Last Sold
$360,000
15 Nov 2023
  • 15 Nov 2023
    Sold for $360,000
  • 04 Oct 2023
    Listed for Sale $360,000 + GST (if any)
  • 07 Jul 2011
    Listed for Sale $220,000 + SAV
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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
    Show contact details
    Katrina Griggs
    Show contact details
    Elders Real Estate Leongatha/Korumburra
    Preferred contact:
    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.