4 Tennyson Court

Russell Island QLD 4184

Downstairs has enough space to create dual living.
Lower level includes

-Double tandem garage/carpark with dual access.
-Secure workshop or office 2.m x 2.5m
-Separate laundry
-Secure Storage area approx 50m2

The property is currently tenanted.- Lease expires 18/08/2023, Weekly rent $475, Annually $24,700. The Tenant has long-term interests in the Island and is negotiable to extending the lease.

The property will suit an investor looking for quality rental yield or owner occupier at a future date.

Features

-Large block 749m2 of landscaped gardens with views to the water's edge.
-High-set home with two bay parking below with laundry and workshop.
- Dwelling size approximately 290m2 including up and downstairs levels.
-Large front Patio with screens and water views.
-Three good-sized bedrooms with the master having a lovely en-suite.
-Open plan kitchen, living and dining area.
-Landscaped courtyard for all occasions.
-Veggie and herb garden
-Solar power, save money.
-Huge water tank
-Powered goods LIFT to the upper level.

Recent renovations - Including outdoor BBQ courtyard, tiling, paving, driveway, room divisions, sliding doors, workshop/office, painting, and landscaping front and back.

The property is only 50mtrs from the water's edge

This is a wonderful property and rare to find one of this quality in such a sought-after area.

Call now to reserve your inspection.
Call Robert Zander - 0412 440 187

The Redlands Bay area is looking to explode with

Toondah Harbour Development - $1.4 billion development
Weinam Creek Development - rejuvenation of 47,000 square metres of parkland, pedestrian and cycle ways and boat ramp
$37 Million upgrade of all ferry terminals to the islands
Event city for the Canoe Salom events at the Brisbane 2032 Olympic and Paralympic Games.

Macleay Island has a great friendly community and housing is extremely affordable offering an enviable work / life balance lifestyle.

Ferry Terminal Developments

Project update - March 2022
The next stage of the Weinam Creek PDA will be commencing from late May 2022. This follows approval from Economic Development Queensland (EDQ) in December 2021. This next stage will bring vital road infrastructure improvements to Banana Street and create an extension of Hamilton Street, generating a new loop road for better public access to the Marina Ferry Terminal.

The rejuvenation of Weinam Creek is set to create more than 700 jobs and generate almost $30 million for the local economy, as well as deliver much-needed transport upgrades, community services and local jobs.

Redland Investment Corporation (RIC) on behalf of Council is delivering this catalyst project that will transform Redland Bay into a vibrant waterfront precinct with restaurants, cafes, a supermarket, more parking, new walkways and more open space.

RIC on behalf of Council negotiated a land swap agreement with the State Government that saw land at the ferry terminal transferred to Council. This will form part of the Weinam Creek PDA upgrade. In exchange, Council land on Meissner Street was transferred to Queensland Health to use as the site for the satellite hospital, to further support our island and southern Redlands Coast community.

Stage 1 of the project has already delivered more than 500 new parking spaces at Moores Road, new pathways, and a footbridge connecting to the Marina Ferry Terminal

Disclaimer - All information detailed herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries, inspection, and due diligence with appropriate authorities.