An absolute find in the coveted new-build zone of the island, is this 1076m2 South-facing double-block, located close to the town centre, clubs and sportsgrounds.
73-75 Channel Street is a dormant land offering, waiting to be recharged. She’s been sitting quietly, looking for a donor to breathe life back into her. If you’re after open space and want to live in nature, then your heart will skip a beat here.
Build your new home here amongst the tall gums, or take advantage of the adjacent property at 77-79 Channel Street to create a small acreage lifestyle-block—There’s a bonus, rustic cottage with all services connected, earning an income of $180 rent per week and the tenant wants to remain. (77-79 Channel Street $229,950).
On offer are 4 standard-blocks across 2 titles, backing onto popular Rossi Avenue. That’s got to get your heart-rate up. (73-79 Channel Street $359,900).
Don’t be fooled by the South-West aspect, as the backyard faces North and captures the sunshine all day, while the established trees provide afternoon shade and are a haven for the prolific birdlife.
Both titles are well-drained and slope to the street, with vacant land opposite and adjoining, plus a smattering of new homes creeping closer. This area is taking off and highly sought after by both investors and owner-occupiers.
Buy one or buy both, but be sure, this deal of the year is unrepeatable.
Starting with a blank canvas, you’ve the option to develop one or both blocks; keep one; sell one; or amalgamate both titles to lower your council rates even more.
Don’t let this one flat-line, as these opportunities are unheard of in today’s market.
Call Chris McGregor on 0420 555 997 to fast-track your future, or secure your small-acreage property on beautiful Russell Island.
Property Features
- Land is 1076 sqm
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