SOLD
Sold on 02 May 2024 for $195,000

1 Kurrajong Road
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1621m2
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Property Details for 1 Kurrajong Rd, Russell Island

1 Kurrajong Rd, Russell Island is a 0 bedroom, 0 bathroom House. The property has a land size of 1621m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 0 bedroom House sold in Russell Island in the last 12 months.

Building Type
House
Land Size
1621m2
Local Government
Redland
Lot/Plan
5/SP327085

Last Listing description (June 2024)

Unlock the potential of this expansive block of land, spanning 1,621m2 and boasting dual zoning, strategically positioned in a highly sought-after area of [Island Name]. With a central residential zoning flanked by two blocks designated as neighborhood commercial centers, this unique offering presents a myriad of development possibilities.

Key Features

The property benefits from a unique dual zoning setup, with the central block designated for residential use and the adjacent blocks zoned for neighborhood commercial centers. This configuration offers flexibility and opens doors to a wide range of development options.

In a market where commercial-zoned land is scarce, this opportunity stands out. With only a handful of blocks boasting commercial zoning in this part of the island, this property holds immense value and potential for savvy investors and developers.

Spanning an impressive 1,621m2, the land parcel provides ample space for diverse development projects. Its easy code assessable application streamlines the development process, making it an attractive proposition for those looking to capitalize on the burgeoning market demand.

Development Possibilities

The flexible zoning allows for a variety of commercial and residential developments, including but not limited to:

Caretakers Dwelling
Child Care Centre
Commercial Office
Drive Through Restaurant
Education Facility
Health Care Centre
Estate Sales Office
Home Business
Indoor Recreation Facility
Place of Worship
Refreshment Establishment
Shop
Tourist Accommodation
Veterinary Surgery

Contact listing agent today and secure this rare opportunity.

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Property History for 1 Kurrajong Rd, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$195,000
02 May 2024
  • 02 May 2024
    Sold for $195,000
  • 18 Feb 2022
    Listed for Sale $199,000

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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 9,509 properties.

    There are currently 734 properties listed for sale, and 11 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 526 properties were sold in the past 12 months in Russell island.

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