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Wahine Waterfront Awaiting Modern Makeover

Wahine Waterfront Awaiting Modern Makeover

$1,100,000

  • Bedrooms: 4
  • Bathrooms: 2
  • Area: 130
  • Type: House

Contact Chris McGregor

55 Wahine Drive, Russell Island QLD 4184 View on map

Type: House

Want to experience the Gold Coast lifestyle from the islands?

Wahine Drive is the epitome of deep waterfront living, showcasing magnificent homes with jetties, floating pontoons and expensive boats at the ready, to enjoy the Southern Moreton Bay waterways from their back-door.

This unique enclave is known as ‘Millionaire’s Row’ amongst locals and you can join the club for UNDER a million dollars.

That’s right! For less than the cool 7-figure sum of $1,000,000, you could be moored at Southport Yacht Club or Little Ships Club on Straddie, in under 30 minutes. Canaipa Passage runs out the front and North Stradbroke Island is within arms-reach.

What are you waiting for? No invitation is required to inspect this outstanding opportunity on 746m2 of prime waterfront.

55 Wahine Drive presents as a tired family home, in need of some magic-dust to revitalise what was once a wonderful modern home. If you can see beyond the Mykonos-blue Hardiplank façade with paved carport and imagine something on a much grander scale, than this home is awaiting your Midas touch.

From the street, a modest Queenslander-style home with white picket-gates to the rear, looks rather unassuming. But step inside the tiled foyer and a watery seascape takes your breath away. Looking beyond the view from the floor-to-ceiling windows, past the level lawn which stretches right to the water’s edge; is the irreplaceable waterfront lifestyle you’ve been dreaming to own.

Welcome home…

There’s lots to explore upstairs, before you even contemplate the internal stairs below, or head outdoors:

  • Tiled vestibule
  • 3-bedrooms, two with mirrored built-ins & carpets
  • Vinyl timber-look floors
  • Open-plan living with full water views over Straddie
  • Ceiling fans & air-con
  • Timberkitchen with plumbed fridge space & pantry
  • Dishlex dishwasher, Chef upright cooker
  • Slate-look laminate benchtops & breakfast-bar
  • High ceilings
  • Floor-to-ceiling glass for panoramic dining
  • Massive covered-deck
  • Bathroom has bathtub, separate shower, vanity & laundry chute
  • Separate loo
  • Storage

While the top level is very liveable, it makes sense to renovate before you move-in to maximise it being empty, giving you a completely blank canvas. Some repairs and maintenance will be required, regardless if you decide to do a makeover, such as the deck and carpets.

Currently, downstairs is a mix of office space and a guest-room with sliding-doors to the backyard. An internal door leads to legal-height under-house storage and the laundry, with another shower and toilet. The stairwell can also be locked off from below, opening further options.

If you have a large family to accommodate or need extra room, there’s scope to remodel the entire space to suit a:

  • teenage retreat
  • separate home-business
  • self-contained unit for passive income
  • ground-level entertaining area that flows to the outdoors

You have the potential to create a 5-bedroom, 3-bathroom, expansive waterfront property. Can you see the capital gain, investing here? Then when you add a jetty and pontoon, you’re talking Gold Coast standard!

The neighbours either-side already have jetties and you could perhaps, do a deal to install a single ramp with dual pontoons if either want to replace their existing jetty. It’s been done before on the Drive.

You’ll notice a shed-like structure in the backyard. It does house a winch, but not for boat!

Instead, it automatically opens the roof of your private observatory to reveal a professionally installed Saxon, Skywatcher telescope. Star-gazing will never be the same with this powerful lens to watch the night sky.

A few more features to note about the outdoors:

  • Landscaped with palms & everything ’islands’
  • Lawns for outdoor entertaining
  • Space for kids & pets
  • Water Tank
  • Septic (old style)
  • Observatory
  • Level water access
  • Views to Straddie
  • Solar
  • Concrete drive to carport
  • Wide-access from street to waterfront
  • Sandy beach at low tide

If you’ve always wanted a waterfront with the opportunity to renovate to your taste, this is certainly a rare chance to get in at a bargain price.

The current owners have moved-on after 22 years and you could hold it in your family, for even longer.

Imagine the memories you’ll make here watching the kids grow up on the water—fishing, kayaking and boating like naturals. Entertaining will take on a whole new meaning when friends can arrive by boat or jet-ski and how cool would it be, to take your tinnie to work?

Life is about to get interesting, if you’re the lucky new owner.

To arrange a private inspection of this unique waterfront, call Chris McGregor on 0420 555 997 and start dreaming about the changes you’ll make. Anything is possible, when you believe!

Property Features
  • House
  • 4 bed
  • 2 bath
  • 3 Rooms
  • Built 1999
  • 2 Parking Spaces
  • Air Conditioning
  • Land is 746 m²
  • Floor Area is 130 m²
  • 2 Toilet
  • 2 Carport
  • Study
  • Dishwasher
  • Built In Robes
  • Rumpus Room
  • Balcony
  • Deck
  • Outdoor Entertaining

Location on Map

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Assigned Agent

Chris McGregor
Principal
"EXPERIENCE, EXCELLENCE & RESULTS." Chris started his real estate journey in 1994 managing a portfolio ... Read more

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