20 Macqueen Avenue, Korumburra, Vic 3950

$355,000

House
Type
3
Bedrooms
1
Bathrooms
734 m²
Area

Last updated on Saturday, June 20, 2026 ( See property details for 20 Macqueen Avenue, Korumburra, Vic 3950)

$355,000

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A solid, centrally located weatherboard home on a large block offering exciting renovation and development potential in Korumburra.

🏡 Property Highlights

  • Prime central location within walking distance to shops, schools, and amenities
  • Generous 734m² block with potential for redevelopment or subdivision (STCA)
  • Rear lane access and wide side access for future improvements or development
  • Solid bones with a reasonable roof, aluminium windows, and firm floors
  • Opportunity for renovation with original features like timber floorboards and brick fireplace
  • Affordable entry into the property market with potential for value-adding renovation

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Shed
  • Built-in Robes
  • Ceiling Fans
  • Waterfront / Views
  • Open-Plan Living
  • External Laundry
  • Security Screens / Gates
  • Pet-Friendly

Korumburra is a vibrant South Gippsland town renowned for its rich history and community spirit. It offers excellent amenities, including shops, schools, and parks, all within easy reach. The area boasts a mix of heritage homes and new developments, making it ideal for families and investors alike. With its central location, Korumburra provides a relaxed lifestyle with convenient access to regional attractions and outdoor activities. The town’s ongoing growth and development opportunities make it a highly desirable place to live and invest.

What is the condition of the property and what renovations are needed?
The property requires significant renovation, including addressing mould and updating the interior, but the bones are solid with a reasonable roof, aluminium windows, and firm floors, offering a good foundation for refurbishment.
Is there potential for subdivision or redevelopment on this block?
Yes, the 734m² block offers excellent potential for redevelopment or subdivision (STCA), with rear lane access and wide side access providing flexibility for future development.
Are there any restrictions or approvals needed for future development?
Development would be subject to council approval and STCA (Subject To Council Approval). It is recommended to conduct due diligence with local planning authorities.
What are the key features of the home’s layout?
The home features three bedrooms, a large front lounge with a brick fireplace, a combined kitchen and meals area, and a bathroom with disability access, along with a separate toilet.
What is the expected timeframe for settlement and offer submission?
Offers must be submitted in writing by 5:00pm on Monday 13th April 2026, with settlement within 60 days following a 10% deposit.
Are there any hidden costs associated with the renovation or subdivision process? Has the property been inspected for structural issues or mould, and are there any ongoing maintenance concerns? Are there any zoning restrictions or easements that could impact future development plans? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any existing planning or building permits, or are approvals required for renovation or subdivision? What are the council rates and any additional levies or fees applicable to this property? Are there any nearby construction or development projects that could affect the property’s value or living environment? Is the property part of a strata or community title, and what are the associated costs or restrictions? Are there any known issues with the roof, windows, or foundations that could incur significant repair costs? What are the noise levels and general neighbourhood conditions that could impact living or investment prospects?

20 Macqueen Avenue, Korumburra, Vic 3950 - More Details

$355,000

Type
House
Bedrooms
3
Bathrooms
1
Area
734 m²

Price guide

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