SOLD
Sold on 11 Oct 2023 for $1,060,000

6 Alison Crescent
Russell Island QLD 4184

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 235m2
Land area: 1282m2
Save

Property Details for 6 Alison Cres, Russell Island

Building Type
Commercial
Floor Size
235m2
Land Size
1282m2
Local Government
Redland
Lot/Plan
10/RP122267

Last Listing description (April 2024)

Ideal for SMSF & investors
Medical and government tenants
Established long-term tenants

Net income $80,872.00* + GST
Land area 1,282m2*
Net lettable area 293m2* + common area
Must be sold, do not miss this opportunity

Harry Devine & Justin Lowe of Ray White Commercial Gold Coast are pleased to present 6 Alison Crescent, Russell Island for sale via Private Treaty. This is a rare opportunity to secure a single freehold building with 4 separate, well-established tenancies that have run successful businesses over the last 10 - 15 years.

Russell Island has had a major amount of infrastructure investment with Redland City Council receiving 20 million dollars in funding which aims to improve tourism, infrastructure, transport, and drainage upgrades.

For further information, contact the exclusive marketing agents
Harry Devine 0411 877 933


* Approx.

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 6 Alison Cres, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$1,060,000
11 Oct 2023
  • 11 Oct 2023
    Sold for $1,060,000
  • 06 Mar 2023
    Listed for Sale Offers Over $1,100,000
  • 16 Aug 2011
    Sold for $470,000
Sign in to see more transactions

Commute Calculator

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 9,469 properties. Over the last 5 years, Houses in Russell Island have seen a 92.31% increase in median value, while Units have seen a 99.83% increase. As at 31 July 2024:

  • The median value for Houses in Russell Island is $404,934 while the median value for Units is $492,743.
  • Houses have a median rent of $400.
There are currently 684 properties listed for sale, and 7 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 559 properties were sold in the past 12 months in Russell island.

Suburb Insights for Russell Island 4184

Market Insights
Russell Island Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Russell Island Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agency
Show contact details
RWC Gold Coast
Preferred contact:
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.