Affordable Island Home or Entry Level Investment Opportunity

2 Cutter St, Russell Island, 4184

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300,000 AUDEst. Mortgage: AUD 2,108/monthFor Sale
  • Ownership Type House
  • Property Area 655 sqft
  • Bedrooms 2
  • Bathrooms 1
  • Furnished No
  • Last Updated 25th Oct, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Carport: 1
  • Deck
  • Air Conditioning
  • Built-in Wardrobes

Property Overview

Welcome to 2 Cutter St, Russell Island, a modern 2-bedroom, 1-bathroom steel frame home completed in 2019 and still under QBCC warranty. This versatile property is the perfect investment opportunity, a wonderful holiday retreat, or an ideal choice for your first home.<br/><br/>As an investment, it's already achieving $320 per week in rent and is currently leased until January 2024. The current tenant loves the place and would like to stay on, making it an attractive option for investors.<br/><br/>Situated in the prime location of the corner of Cutter St and Trimaran St, this home enjoys the luxury of sealed roads and a slight elevation that provides glimpses of the water, although not from the property itself. Located in the sought-after north end of Russell Island, you're just a stone's throw away from all the essential amenities.<br/><br/>Step inside, and you'll be welcomed by light and bright interiors featuring high raked ceilings. Both bedrooms are generously sized and include built-in robes with mirrors and ceiling fans. The main bedroom boasts a sliding door with an insect-screened security door, leading directly to the verandah.<br/><br/>Efficiency is a hallmark of this home. The laundry is cleverly enclosed in a cupboard in the hallway, making the most of the available space.<br/><br/>The open-plan living area is air-conditioned with fans for your comfort and seamlessly connects to the open-plan kitchen and dining space. When it's time to relax or entertain, step out onto the large east-facing timber decked verandah. It's the perfect spot for outdoor furniture and a BBQ, creating an inviting space to enjoy the island lifestyle.<br/><br/>Additional features include a convenient carport and a garden shed. You won't need gas here, as the house is powered by electricity, and it has an electric hot water cylinder for efficiency.<br/><br/>The property sits on an ample 655m2 corner block, providing room to breathe and the potential to create your own island oasis. It may not be fenced, but the dual access from both Cutter and Trimaran streets offers convenience and versatility.<br/><br/>To explore this fantastic opportunity and arrange an inspection, contact resident agent Kat at 0497 887 953. Please note that we kindly ask for a minimum 24-hour notice to ensure the comfort of the current tenant during inspections.<br/><br/>Don't miss out on this unique chance to experience the beauty of Russell Island living. Contact Kat today, and start your island adventure!<br/><br/>Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained here is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or mis-statements contained in this document. Prospective purchasers should make their own enquiries to verify the information contained here.<br/><br/>Property Code: 2630<br/>

Location on Google Map

2 Cutter St, Russell Island, 4184

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