63 Radovick Street
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About this property
Strategically positioned on a high-exposure 1,115m² corner block in sought-after Radovick Street, this property presents an exceptional development and investment opportunity. With dual street frontage and strong future growth potential, this site is perfect for developers, investors, and those looking to capitalize on Korumburra's evolving landscape. Currently, a tenanted three-bedroom home provides immediate rental income while you plan your next move. The generous land size and strategic location make this an ideal prospect for a multi-unit residential project or a future commercial development (STCA). Key Highlights: - Premium location in the heart of Korumburra, just moments from the medical centre, main street, swimming pool, and park - Zoning and size support multi-unit or mixed-use potential (STCA) - Existing rental income with vacant possession available - High-demand area with strong yields and long-term capital growth prospects Don't miss this rare opportunity to secure a prime development site in one of Korumburra's most sought-after locations. Enquire today!
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 2
- Land Area
- 1115 m²
- Listed
- 2 weeks ago
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Neighbourhood
Living in Korumburra
This 3-bedroom house in Korumburra, VIC 3950 sits within reach of public transport, local shops and nearby schools. It is listed 22% above the $440,000 median of 79 comparable houseswithin 5 km.
Schools near Korumburra
- Korumburra Primary Schoolprimary · Prep-6 · CoEd
- Korumburra Secondary Collegesecondary · 7-12 · CoEd
What's nearby
- Carinya Lodge/Carinya Cres (bus) — 642 m away
- Parry's Jewellery and Watches — 636 m away
- Coleman Park — 360 m away
- Peterson Street Reserve — 547 m away
- Unnamed — 649 m away
Korumburra at a glance
Full suburb profile- Population
- 4,749
- Median age
- 47
- Household income
- $1,175/wk
- Median rent
- $270/wk
- Median mortgage
- $1,300/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Korumburra price trend
Median sold · House 3 bed
Compound growth +0.1% / yr over 4 yrs
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Price history
Price history
Listing price changes
1 price change recorded for this property
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