We are thrilled to present this exceptional commercial property on Russell Island in the sought-after South Morton Bay area, offering a prime opportunity for entrepreneurs and business owners to set up and run their venture in a strategic location. This large 850m2 block is zoned for Low Impact Industry/Commercial use, providing an ideal space for diverse business activities.
Situated in close proximity to the Russell Island Central Business District (CBD), ferry, and barge terminals, this property boasts outstanding accessibility and convenience. Whether you're a local business seeking to expand or an entrepreneur looking to establish a new enterprise, the proximity to key transport hubs ensures easy logistics and connectivity to mainland areas.
The level and partially cleared terrain of the block provide a blank canvas for customization and development. This versatility allows you to tailor the space according to your business requirements, be it warehousing, office space, retail, or workshop facilities. With 850m2 at your disposal, there is ample room for your business operations to flourish.
The strategic location not only offers excellent connectivity but also places you within proximity to a vibrant customer base. The South Morton Bay Islands are renowned for their growing population and thriving community, providing a built-in customer market for businesses. Additionally, the islands offer a serene coastal lifestyle, attracting tourists and visitors, further enhancing the potential customer base.
Potential business ventures for this prominent property include, but are not limited to:
Light manufacturing and assembly
Storage and distribution center
Professional services office
Showroom and retail outlet
Co-working space or business incubator
Investing in this South Morton Bay Islands commercial property presents an exciting opportunity to establish your new business or expand your existing operations. The combination of the property's generous size, low impact industry zoning, level terrain, and proximity to the CBD and ferry terminals create an ideal environment for commercial success.
Don't miss out on securing this prime commercial property. Contact to schedule a viewing or to obtain further information. Take the first step towards making your business vision a reality in this thriving coastal location.
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 9,432 properties. Over the last 5 years, Houses in Russell Island have seen a 91.96% increase in median value, while Units have seen a 99.83% increase. As at 31 October 2024:
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