5 Waterlea Street, Russell Island, Qld 4184

$117,500

Residential Land
Type
587 m²
Area

Published on Thursday, June 04, 2026 ( See property details for 5 Waterlea Street, Russell Island, Qld 4184)

$117,500

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-priced, lightly treed 587m² residential land parcel on Russell Island's sought-after northern end, offering privacy, convenience, and excellent building potential.

🏡 Property Highlights

  • Prime north-end location on Russell Island with convenient access to amenities
  • Lightly treed 587m² allotment requiring minimal clearing
  • Backs directly onto council land for added privacy and peaceful outlook
  • Ideal for building your dream home or investment project
  • Close to ferry terminal, IGA Shopping Centre, cafes, and medical facilities
  • Motivated seller offering a competitively priced parcel of land

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Balcony
  • Outdoor Area
  • Built-in Robes
  • Garage
  • Air Conditioning
  • Ensuite
  • Shed
  • Home Office / Study

Russell Island offers a relaxed island lifestyle with a close-knit community, stunning waterfront views, and easy access to essential amenities. The north end is highly sought after for its convenience, privacy, and scenic outlooks. Residents enjoy a peaceful environment with proximity to transport links, shopping, and recreational facilities. The area is perfect for those seeking a tranquil yet connected island living experience.

What are the zoning restrictions for this land?
This property is zoned for residential use, suitable for building a home or investment project, with specific restrictions to be confirmed with local council.
Are there any planning or building approvals required?
Yes, building approvals must be obtained from the local council before commencing construction. It is recommended to consult with a builder or planning expert.
Is the land suitable for future development or subdivision?
The 587m² allotment is ideal for building a single dwelling. Subdivision potential should be discussed with the local planning authority.
What are the ongoing costs associated with owning this land?
Ongoing costs may include council rates, land maintenance, and any applicable land taxes. Details can be obtained from the local council.
Is there any existing infrastructure on the land?
The property is lightly treed and ready for development; specific infrastructure such as water, electricity, and sewerage connections should be verified.
Are there any easements, covenants, or restrictions affecting the property? Has the land been tested for flood or bushfire risks? Are there any planned developments or zoning changes in the area? What are the total costs involved, including stamp duty and legal fees? Is there any history of land contamination or environmental issues? Are there any existing liens or encumbrances on the property? What is the status of utility connections and access to services? Are there any nearby construction activities or planned developments that could impact the property? Has the land been surveyed recently, and are there any boundary disputes? Are there any restrictions on building height or design due to local regulations?

5 Waterlea Street, Russell Island, Qld 4184 - More Details

$117,500

Positioned in one of Russell Island's most convenient locations, this 587m² allotment offers an outstanding opportunity to secure a well-priced parcel of land on the highly sought-after northern end of the island.

Ideally located just minutes from the ferry terminal, IGA Shopping Centre, caf&aecute;s, medical facilities, and other essential amenities, this property provides the perfect balance of convenience and island lifestyle.

The block is lightly treed, requiring minimal clearing to begin planning your future home or investment project. Adding to its appeal, the property backs directly onto council land, providing a peaceful outlook and additional privacy from neighboring properties.

With easy access to the site and a practical block size, this property is well suited for those looking to build now or secure land for the future. Opportunities in such a central location are becoming increasingly difficult to find, especially at this price point.

The owner has priced the property competitively and is motivated to achieve a sale.

Don't miss your chance to secure this fantastic north-end block. Contact the listing agent today to arrange an inspection and explore the potential this property has to offer.
Type
Residential Land
Area
587 m²

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