Having trouble borrowing $275,000.00 this unique opportunity is perfect for first home buyers as well! This paradise island needs you too with heaps of building there is plenty of work for all trades even laboring. Why not take advantage of the very low interest rates? Time is running out to take advantage of the Home Owners Grant. Finish the house to final, then the Government gives you $21,000. You end up with a brand new Two Storey House in one of the best parts of the island. The smart investor will make somewhere between $80,000 to $100,000 in the next 12 months (tax free as principal place of abode).
Situated in the North of Russell Island, walking distance to shops, bowls club, jetty, primary school, & even has a park right out in front. Power, water, phone and even the septic tank and trenches are all in place. All council inspections are paid for framing inspection passed by the Redland City Council and price includes all council approved plans (Steel House Frames Australia) with engineer’s certificate for steel frame ($3,000).

The house – 138.24 Sq’s, (HUGE 14.4MT x 9.6MT UPSTAIRS AND DOWNSTAIRS) North facing and close to everything

UPSTAIRS- One bdrm on plan but the back verandah has been enclosed and the door leading to it from bathroom has been closed and a 2.4 x 1.2 dbl sliding glass window in place for second bedroom upstairs (plenty of room for third bedroom/office or parents retreat downstairs at the end of the garage 4.6mt x 4mt). In between bdrm 1 + lounge there is a 2.4mtr opening to accommodate 1200mmx820mm sliding doors. The stairs out front have been changed to go straight out from verandah for more space. Power to kitchen with some plaster in place with more that is also sold with the house. The bathroom is 90% blue boarded. Most doors have been hung and some pipe work done (toiler/downpipes), storm water pit at rear of block has been completed. The internal stairs in place and stringers for the main stairs are in place.

DOWNSTAIRS- Garage (9.8mx4.6M) ready to concrete, (steel mesh/plastic in place) with lots of rockwork & retaining walls in place. 70% complete, 4.6m panel lift door installed Site caravan + colourbond roof (waterproof).

BONUS = Annex is concreted(worth over $3000)and is included with the sale 3mt x 2.4mt garden shed with a flush toilet connected to septic and is included with the sale.

OUTSIDE- Water is connected with meter, black poly underground ready for connection to house. Poly to caravan annex hooked up to sink in annex & 2 downpipes connected all the way to pit (storm water). Some bathroom pipes ready to install, other downpipes installed pit to back of house. Septic tank & trenching in place.

POWER- Mains power connected to house at power box & runs upstairs to kitchen.

The latter photographs are of the Russell Island lifestyle. These photographs are taken on and around Russell Island. You can go out in your tinnie and check your pots?? Imagine yourself on a yacht?

We are a Brisbane suburb with all the benefits that entails, and yet we are still a little secret in the middle of Moreton Bay.

Our new supermarket has just opened, as well as the butcher, baker (not candlestick maker yet), newsagent and hair dresser.

In the case of an emergency we have speedy access to the Redlands Hospital. It is actually quicker than if you were on the mainland as there is no traffic you are flown by helicopter.

We even have our new pool.

With a Primary School, RSL and Bowls Club and other sporting activities you truly won’t want to leave home.

If this is you please Contact local Russell Island Resident Bev Johnson for an appointment
Email: bev.johnson@westnet.com.au
“Where integrity counts!”
A member of the Independent Real Estate Agents Network