Withheld
$66,383
Confidence
High
High
$480,000
Medium
$460,000
Low
$440,000
Confidence
Moderate
"Welcome to 2327 Hawthornden Drive, Russell Island skip to the ferry and short walk to the shops. This location has developed a lot over the last year. Rare opportunity to own this location, renovators will be delighted, builders or businesses who need the space for trucks and cars in the high roof workshopgarage with auto roller doors and amply work space, white wall units are staying. Watch this space more photos coming this week. Water views as far as your eyes can see. 3096 sqm block. This is once in a lifetime chance, dont miss out Blocks elsewhere on the island water front starting from 809sqm range from 395K 430K ,so you will see you are getting alot of land in this one parcel. Located in the highly soughtafter area of Russell Island, this property enjoys a peaceful and serene environment. Surrounded by nature and stunning views, youll wake up to the sounds of birds chirping and enjoy the tranquillity of island living. This quaint house plus and large property is now available for sale Featuring fully fenced private 3 bedrooms and 1 bathroom house. Extra bathroom downstairs near the laundry This is an old house suits the buyer who isnt afraid to renovate. remove the wallpaper, carpet to find the hardwood floors that will instantly pop this house to an island shack get away. 3 kitchen areas that you can let your imagination run wild and renovate this to use the space even better. Screened back patio ,sit and watch the barges go by, enjoy the magnificent views you will own. One of the standout features of this property is the abundance of parking spaces with large 3 bay truck garageworkshop extra high roof was designed to allow the biggest of trucks also abundance of power points, storage white wall units Under house Man Cave. So much extra storage and working area to keep your business or hobbies organised. Carport area or more storage plus open parking spaces, youll never have to worry about finding a spot for your vehicles Truck delivery pit. Outside shower Garden shed 30000L water tank, with 20 tap outlets throughout the property. Situated on a generous 3096 sqm of land 34 acre. One title. This property offers plenty of space for outdoor activities and potential future development Whether youre looking to create a beautiful garden, build a pool, or expand the existing dwelling, the options are endless. Offering a comfortable and spacious living. With its ideal location and impressive features, this property is sure to capture your attention. Please note IMPORTANT to register to view if you are in the position to buy . Please text and confirm attending. Inspections times are allocated to allow all to plan ahead. Video inspections are possible Lets discuss all your options to own this property. Come see why we love this location. North Stradbroke, Peel, Macleay, Karragarra, Lamb islands, Canaipa Passagenational waterways of environmental significance, fishing, boating the lifestyle many are discovering...Gone are the olden day stories. Lifestyle is what we want. Time waits for no one... With recent events worldwide more more people have made a lifestyle change. Water views or water close by to enjoy their time. You will discover as the many who are coming from everywhere why Russell Island is no longer a secret. New Ferry terminal is finished, more businesses are starting whether home based or commercial buildings currently underway. Take a pleasurable 20minute express ferry to Redlands or the 30 minute all island ferry, free inter island ferry trips which ever you catch sure beats being stuck in pollution traffic, paying the bridge tolls. Do you hear yourself saying Why do I do it Great community atmosphere, more than enough right here on the island dont wait any longer ... So many who have recently bought are starting their businesses to fill the gap of what the island has needed. Are you thinking of changing the way you work and live Are you ready to buy now Rates approx 3000 PA Affordable Lifestyle awaits you. Isnt it time you made your move I do look forward to booking time to show you what is available. It takes time to find the right property. Time is never spare so please lets use it wisely to match the best to suit your needs. Barges available if you want to bring your car, book in advance. Get the feel of the island drive at your leisure ,have lunch or stay overnight at one of the many air bnb available. Passenger ferries as simple as a go card or credit card to pay for your ticket. I live here, work here, and offer you the honesty that need to move forward to own this property. Call, text or email Karen Dell Awarded No1 Agent 2022 2023 Rate My Agent for Russell Island. Please Note In Queensland, by law it is illegal for the listing AgentOffice to discuss a price or a price rangeguide for a property which is listed for Auction. All interested parties must do their own independent price research. Our office cannot enter into any price discussions for a property which is listed for Auction. Disclaimer The website may have filtered the property into a price bracket for website functionality purposes as the property is being sold by Auction without a price guide. In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein."
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65.4%
$370K
5.6%
-$860,000
-$45,961
1.5%
1.0%
-19.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,175,000
Estimated Purchase Price
$1,320,000
Stamp Duty
$56,425
Transfer Fee
$5,027
Conveyancing
$1,665
Deposit (10%)
$132,000
Reg. Mortgage
$224
LMI Premium
$40,903
Renovation Costs
-
Total Cash/Equity Required
$236,794
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,500
$27,755
Property Management
+7.7% PA
$1,502
$2,137
Rates
+3.0% PA
$1,598
$2,085
Water
+3.0% PA
$1,401
$1,828
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$12,750
$18,769
Interest Repayments
$78,408
$78,408
Net Cashflow Before Tax
-$65,659
-$59,639
Depreciation
-
-
Tax Offset
-$19,698
-$17,892
Net Cashflow After Tax
-$45,961
-$41,747
Assumptions
Year 1
Year 10
Property Value
6.8%
$491,280
$888,117
Loan Balance
I.O
$1,188,000
$1,188,000
-$696,720
-$299,883
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Retail Trade - 14.0%
Construction - 10.0%
Education and Training - 10.0%
Others - 51.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price