Great Location. Elevated Block close to boat ramp.

5 NAPLES DRIVE, Russell Island, 4184

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87,000 AUDEst. Mortgage: AUD 611/monthFor Sale
  • Ownership Type Residential Land
  • Property Area 546 sqft
  • Bedrooms Shared
  • Bathrooms 0
  • Furnished No
  • Last Updated 16th Nov, 2022

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

Elevated Block 546m2. Water views, Level & Cleared.<br/><br/>A lot of the hard work is already done. Design your home and get started.<br/><br/>Set amongst large established homes. This fantastic block is located on the Eastern end of the island with a possibility of gaining some water views and an outlook to Stradbroke Island once the neighbors across the road have cleared their blocks.<br/><br/>Just about ready to go. Build your dream home today.<br/><br/>Dimensions of block: Frontage 19m, Depth 29m <br/><br/>Please call Robert on 0412 44 187 for an appointment to inspect this great opportunity.<br/><br/>The Redlands Bay area is looking to explode with<br/><br/>Toondah Harbour Development - $1.4 billion development<br/>Weinam Creek Development - rejuvenation of 47,000 square metres of parkland, pedestrian and cycle ways and boat ramp<br/>$37 Million upgrade of all ferry terminals to the islands<br/>Event city for the Canoe Salom events at the Brisbane 2032 Olympic and Paralympic Games.<br/><br/>Russell Island has a great friendly community and housing is extremely affordable offering an enviable work / life balance lifestyle.<br/><br/>Ferry Terminal Developments<br/><br/>Project update - March 2022<br/>The next stage of the Weinam Creek PDA will be commencing from late May 2022. This follows approval from Economic Development Queensland (EDQ) in December 2021. This next stage will bring vital road infrastructure improvements to Banana Street and create an extension of Hamilton Street, generating a new loop road for better public access to the Marina Ferry Terminal.<br/><br/>The rejuvenation of Weinam Creek is set to create more than 700 jobs and generate almost $30 million for the local economy, as well as deliver much-needed transport upgrades, community services and local jobs.<br/><br/>Redland Investment Corporation (RIC) on behalf of Council is delivering this catalyst project that will transform Redland Bay into a vibrant waterfront precinct with restaurants, cafes, a supermarket, more parking, new walkways and more open space.<br/><br/>RIC on behalf of Council negotiated a land swap agreement with the State Government that saw land at the ferry terminal transferred to Council. This will form part of the Weinam Creek PDA upgrade. In exchange, Council land on Meissner Street was transferred to Queensland Health to use as the site for the satellite hospital, to further support our island and southern Redlands Coast community.<br/><br/>Stage 1 of the project has already delivered more than 500 new parking spaces at Moores Road, new pathways, and a footbridge connecting to the Marina Ferry Terminal.<br/><br/>Developments on Russell Island<br/>Land on Russell Island is highly sought after with increasing demand in quality locations. In the last 12 months, there have been over 100 building applications lodged with the Council.

Location on Google Map

5 NAPLES DRIVE, Russell Island, 4184

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