$49,950

0 Bed  •  0 Bath  •  0 Car  •  536m²

Main view of Homely land listing, 92 Channel Street, Russell Island QLD 4184
Second view of Homely land listing, 92 Channel Street, Russell Island QLD 4184
Third view of Homely land listing, 92 Channel Street, Russell Island QLD 4184

Sold

92 Channel Street, Russell Island QLD 4184

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$49,950

  • 0
  • 0
  • 0
  • 536m²

Land Sold on Sat 30 Sep, 2023

What's around Channel Street

Land description

“North-End Corner Block up for Grabs under $50K”

Gracing old-growth trees and straddled on the corner of Channel and Bira streets, you’ll find this amazing 536m2 site at the North-end, ready to build your island home.

If building is not your thing, perhaps rescue a Queenslander (like the neighbour has done) and add even more charm to the neighbourhood. Facing North, this part of Channel Street is a vibrant area on the sunset-side of the island, where you can feel the afterglow of an evening.

With the bonus, East-facing access from Bira Street, you have a few more options for building styles. Perhaps a low-set house and granny-flat, or a high-set with studio accommodation underneath? You really can weigh-up all your ideas to make the property work for you.

Under $50K for a town-block where you can walk to bowling club, community centre, parks, school and shops is almost unheard of, now. So, why is it so cheap? There are several trees which can be retained, but still a few will need removing or trimmed back to allow space for a house. This comes at a cost and is sensibly factored into the asking price.

Having said that, the block has easy dual-street access and is level, which cuts overall building costs.

If you’re a builder looking for a new project, this could be the one. As you may already know, you make your money on the way INTO a deal, not on the way OUT. Ponder that for a moment.

Russell Island is becoming a popular choice for families, tradies, retirees and those looking to have a peaceful environment to dwell. It’s no wonder that building a new home holds an alluring appeal. But, buying on the islands offers cheaper land, to make it happen sooner.

Imagine what you can do with this excellent corner-block at 92 Channel Street?

Call Chris McGregor on 0420 555 997 to grab this opportunity with both hands, while it lasts.

Municipality

Redlands

Land details

Area: 536m²
Frontage: 17.9m²

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92 Channel Street, Russell Island QLD 4184
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