This lovely block is situated on the sought after Esplanade on exclusive Karragarra Island. Recently surveyed and soiled tested. Facing north over the water this block is only approximately 700 metres to the jetty and the main beach that makes Karragarra so sought after, also just 350 metres to the pristine (less public beach in the photos. Situations have changed for the current owner so has decided to put the property on the market. The Esplanade is THE place to live on this beautiful Island, and this block is a fantastic chance to secure your future on this peaceful paradise. A fabulous investment for the future, whether to build your holiday home, your dream getaway, retirement home or just sit on the block and wait for the rest of the world to realise what a fabulous place this is - 15 minutes from Redland Bay, under an hour from the city or the Gold Coast, beaches, natural beauty, peace an quiet.
The size of Karragarra Island is approximately 1 square kilometres. It has 4 parks covering nearly 3% of total area. The population of Karragarra Island in 2011 was 160 people. By 2016 the population was 205 showing a population growth of 28.1% in the area during that time. The predominant age group in Karragarra Island is 60-69 years. Households in Karragarra Island are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karragarra Island work in a professional occupation. In 2011, 80.5% of the homes in Karragarra Island were owner-occupied compared with 79.2% in 2016.
Karragarra Island has 254 properties. Over the last 5 years, Houses in Karragarra Island have seen a 71.33% increase in median value. As at 31 October 2024:
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