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Sold on 17 May 2024 for $240,000

4 Loftus Crescent
Russell Island QLD 4184

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 80m2
Land area: 546m2
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Property Details for 4 Loftus Cres, Russell Island

4 Loftus Cres, Russell Island is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 546m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Russell Island in the last 12 months.

Building Type
House
Floor Size
80m2
Land Size
546m2
Local Government
Redland
Lot/Plan
96/RP127749

Last Listing description (May 2024)

Now, here’s something a bit different—A Hardiplank 2-bedroom, 1-bathroom residence with expansive open-plan living, separate kitchen and dining, with a deck out the front.

The catch is, it needs completing. Nothing major, just:

• Floor coverings over the original chipboard—imagine, rich timber planks

• Paint on the walls, doors & trims (antique white, perhaps?)
• Spruce-up the large kitchen
• Add an island bench
• Move laundry to outdoors, or close-off
• Window treatments (plantation shutters would look good!)
• Replace ceiling fans & air-con
• Maintain the timber deck with a good sanding & oil/paint
• Fencing, if required for privacy
• Landscaping (might need to clear a few old rust-buckets, first!)
• Quirky, statement letterbox to make it yours

These are not big-ticket items, but will make a world of difference to the aesthetics and ambiance of the home.

The current owner-builder has given up the gauntlet and wants to move-on. This could be your opportunity to make instant uplift with a simple cosmetic renovation, while creating the perfect family abode.

Situated in a peaceful location on the West-side of the island, off Hemp Hill and Martin Place, you’ll find 4 Loftus Crescent hidden in the limbs of the forest. The mood is calm and the air rustles with a gentle breeze, whispering from the East.

The home spans the width of the 546m2 North-facing block and uses the space well, creating a large front and rear yard for your outdoor enjoyment. Kids and pets will love the many hiding spots and secret places for all-day adventure. There’s room to run around, play ball games, ride a bike, or explore the bush and waterways.

Chickens roam the yard and nest under the house during the day. Add a kitchen-garden and some fruit trees to complement the bananas and you’ll be almost self-sufficient, with the existing solar and a water-tank to keep bills low. There’s already a carport and plenty of off-street parking, with room for a barn-style shed for further storage and secure parking.

Inside, you’ll be surprised just how well it presents, in its incomplete state:
• Sliders from full-length deck
• Pitched-roof offers high ceilings for good air-flow
• Lounge area is large enough to divide & create a third bedroom/study
• Huge kitchen footprint with adequate storage
• Gas cooktop & Westinghouse wall oven
• Room for separate dining
• Add some bi-folds to open-up kitchen/dining to new deck & back-yard
• Basic bathroom with shower & vanity only
• Separate loo
• 2 average-size bedrooms
• 2-way air-con in living

If you find this sort of thing exciting and can’t wait to get the paint swatches and timber samples, then be quick, as this deal will go while you’re still dreaming about the new curtains and benchtops.

Imagine, a simple life being at-one with the wildlife and fauna. Picture the sunset as the after-glow washes over the backyard and warms the deck for an evening outdoors with friends. Add a fire-pit for long chats into the night, solving the problems of the world.

Wake-up with the birds and smell the fresh dew as it settles on the lawn. Grab the eggs and get breakfast started, while you manage a few stretches on the deck to start the day. Smile, knowing you’ve achieved the perfect makeover and can raise your family in a harmonious environment, surrounded with love and light.

Victory to you, if you take-on this project. It’s perfect for:
• First home-owners
• Owner-builders wanting to take the home to the next stage
• Investors looking for stable income
• Renovators who can see the opportunity in a quick flip
• Downsizers who like to tinker
• Couples with time on their hands
• Families with big dreams
• Singles who like their own space
• Artists wanting to live in nature
• Tradies who want room to build a lock-up
• Anybody looking for capital gain in the short-term

If you’re after something you can make your mark on, without the hefty infrastructure costs, then this home is an absolute good find.

A nip-and-tuck here, a splash of paint there and your overall creative flair, will certainly make this house a home.

Call Chris McGregor on 0420 555 997 to claim this victory.

Property History for 4 Loftus Cres, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$240,000
17 May 2024
  • 17 May 2024
    Sold for $240,000
  • 20 Mar 2024
    Listed for Sale $249,950 Under Contract
  • 22 Sep 2005
    Sold for $25,000
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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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    Chris Mcgregor
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    Bay Islands Property
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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.