1-5 Orme Drive, Russell Island, QLD 4184

1-5 ORME DRIVE, RUSSELL ISLAND

This is the sale of the century!!! Rare opportunity and priced to entice.

A total of 1773 sqm on 3 x separate titles. Includes an amazing house with water views. And all this is being offered for sale for only $450,000.

This exclusive property offers multiple options and value.

Option 1) - House: $345,000 (579 sqm) House is tenanted at $400pw, Do your sums... Great opportunity

Option 2) - House and 1 x block - $365,000 (Approx 1160 sqm) Wow, not a misprint, this is an incentive to buy a bargain. Seller is looking or a quick sale. So the price is crazy as you can see the block is nearly being given away to get you to move as fast as you can. Blocks in the area are selling for $95-$99K . Do your sums ,houses on the island on standard smaller blocks 540sqm are selling way above , here you are getting TWO TITLES build and sell the other property, build and live next door while you are earning from the rental. Water views from these blocks.

Options 3) - House and 2 x blocks - $450,000 (Total 1773 sqm) THREE TITLES , As above, you are getting so much more with this property. Standard houses sell for more and you cant add the value this offers. Build on the other two blocks and sell them off or why not start your family property portfolio. Whatever you do, those who do your sums will see this is a huge incentive to get your contract in.

Amazing elevated position providing water views and is situated at the central top end of the island, within walking distance to ferry terminal, school, shops and RSL.

Rates: $3000 per year all properties amalgamated for rates purposes.

The house attracts a current rental income of $400pw and is currently tenanted by exceptional long-term tenants who would happily stay.

This is a very rare opportunity for any astute investor or a fantastic location for a homemaker to live and settle into island life.

Features include;

3 spacious bedrooms

Retro style galley kitchen

Timber floors throughout

Air conditioning

Gas hot water

Ceiling fans throughout

Secured garage

Bathroom with separate toilet.

Don't miss this ideal property and massive opportunity.

Agent Karen Dell 0409215190. I live ,love and work Russell Island.

Awarded No.1 Agent 2022 and 2023 Rate My Agent Russell Island.