Discover an exceptional investment opportunity at 5 Western Court, Korumburra, Victoria, 3950. This prime commercial property is sited on a substantial land parcel of 1520 square metres, poised for significant growth and development in a high-demand locale.
Strategically positioned just off the South Gippsland Highway, this Industrial 3 zoned asset offers remarkable potential, with permits already in place for the development of 5 factories, each ranging between 100m² to 150m². This development flexibility allows investors to cater to a diverse range of business ventures seeking a presence in this thriving area.
The initial site cut has been completed, laying the groundwork for an efficient build process. Investors will appreciate the proactive steps taken to ensure a seamless transition from acquisition to construction. The high demand for both sales and leases within this region underscores the strength of this investment, promising a sustained appeal to businesses and a robust potential for capital growth.
5 Western Court represents a unique chance to secure a foothold in Korumburra's burgeoning commercial sector. With all the preparatory work done, this site is ready for an astute investor to capitalize on its promising future. Don't miss out on this rare offering in Victoria's industrious heartland.
Inspections
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Contact George Auddino to learn more about this property, request an inspection or take an online tour.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
11 May 2021
Sold
Auddino First National
Listed: 23/02/2021
Block size: 1500m²
Transfer type: Full transfer
Korumburra suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
49 years
Population
4,749
Listing ID: 182330818. This listing has been viewed 0 times. It was first displayed on 27/02/2024 and last updated on 02/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.