54 Laurel Street is a beautiful, flat block of land located in a very sought after area at the northern end of Russell Island. Cleared and ready for your build you will be conveniently situated just 1.5kms from the ferry terminal and shopping centre, whilst still being only 1.5kms from the popular bowls club. At 506m2 and priced to sell at LESS than $80k, this is a great opportunity awaiting you.
There is power, water and NBN running by ready to be connected and the road is sealed. For value add, this property is also fully fenced!
Russell Island is only a twenty-minute ferry ride from the mainland (Redland Bay) with Brisbane city forty minutes north and the beautiful Gold Coast forty minutes south. Drive to Redland Bay Marina, jump on the ferry, walk 100m to Russell Island Real Estate and discover what awaits you for the next exciting chapter of your life!
Please call Scott on 0450 522 399 to enquire today.
Property Code: 3134
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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