FOR SALE
160,000

27 Coombah Drive
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 516m2
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For the buyer who wants an island get-away, investment air bnb or forever home really cheap to get into the property market.

Cheap option to own a property, whether you use it as an island getaway, holiday home, air bnb,investment or your first home.
• Photos shown of the assembled property is a sample of this type of builiding. The external cladding is indicated by the photo pointing to the dark brown exterior. The floor coverings is the grey. Sample of photos of the interior is to assist you with knowing what the property will look like.
• $160K.516sqm block with house ready to complete.
• Looking for Cash buyers ready to commit to a contract now. Those who know what to do from here as documentation shows what has been done already ,Will call. • Those who fancy themselves as an owner builder or can hire people to finish the work off.
• Anyone that has been searching and finding it hard to find builders to commit, might like this opportunity to do a owners builders opportunity.
What you get:
• Saves you so much time to take over from here not forgetting the effort to organise to this stage with getting the house to the island, getting all building standards to meet Australian standards, council approvals and certification needed to this stage all you need is take over and complete finals documentation once the property is completed.
• All documentation required to continue with the building of this pop-up home knowing it is legal and able to own a house to live in to AUSTRALIAN STANDARDS. .
• The Development Application For:
• 27 Coombah Drive Russell Island (RP No: 128017) Was assessed and approved. The decision was made by Luke Jones on the 18 OCT 23.
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Property Details for 27 Coombah Dr, Russell Island

Building Type
Land
Land Size
516m2

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About Russell Island 4184

The size of Russell Island is approximately 17.8 square kilometres. It has 64 parks covering nearly 13.3% of total area. The population of Russell Island in 2011 was 2,473 people. By 2016 the population was 2,834 showing a population growth of 14.6% in the area during that time. The predominant age group in Russell Island is 60-69 years. Households in Russell Island are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Russell Island work in a labourer occupation. In 2011, 62.7% of the homes in Russell Island were owner-occupied compared with 63.8% in 2016.

Russell Island has 9,468 properties. Over the last 5 years, Houses in Russell Island have seen a 98.23% increase in median value, while Units have seen a 99.83% increase. As at 31 August 2024:

  • The median value for Houses in Russell Island is $410,663 while the median value for Units is $530,235.
  • Houses have a median rent of $400.
There are currently 675 properties listed for sale, and 12 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 544 properties were sold in the past 12 months in Russell island.

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Karen Dell
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Raine & Horne Springwood
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