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15 Sandra Street

Russell Island QLD 4184

1
2
8
850 m²
House
Currently for sale - view listing

Overview

Rare Industrial Investment Opportunity – Established Tenant + Further Income Potential

Positioned in the heart of Russell Island’s growing industrial and community precinct, this is a rare opportunity to secure a freehold Low Impact Industry zoned property with 126m2 of approved buildings, established infrastructure, and a tenant operating a well-loved island eatery already in place. Set on a generous 850m² allotment, the property is currently home to Geta Sushi, a popular healthy eating option servicing Russell Island’s 5,000+ residents. The front building has been approved and professionally fitted out for food manufacturing, featuring 3 phase power, stainless steel preparation benches and a heavy-duty grease trap — providing a ready-to-go setup for food production, catering, commercial kitchen operations or similar business uses. Currently returning $325 per week, there is further potential to increase the income stream with the separate rear building. At the rear of the property sits a 81m² warehouse/workshop, complete with toilet and basin facilities, ideal for manufacturing, storage, trade use or another compatible business (STCA). With the rear shed currently vacant, there is potential for an additional rental return of approximately $250–$300 per week, creating a combined potential income of $575+ per week. Additional features include: • 850m² Low Impact Industry zoned land • Approved food manufacturing premises • Established commercial kitchen infrastructure • 3 phase power • Stainless steel preparation benches • Heavy-duty grease trap • Separate approx. 81m² rear warehouse/workshop • Approved 8 onsite car parking spaces • Truck parking/access • Outdoor seating area • Disabled access toilet facilities • Established tenant in place • Opportunity for multiple income streams Russell Island is experiencing strong growth, with a population now exceeding 5,000 residents and over 10,000 residents across the Southern Moreton Bay Islands. As the population continues to increase, so does the need for local services, trades, storage, manufacturing and island-based businesses. The location couldn’t be better — centrally positioned within Russell Island’s commercial and industrial hub. Close to Russell Island State School, sporting fields, community gardens, RICArts community art gallery, regular market site, landscaping and hardware suppliers, Mitre 10, fuel station and other established businesses. The IGA shopping centre and ferry terminal are also conveniently located 850m away. Whether you are looking for an investment with immediate income and room to grow, or a purpose-built base to start your own food, trade or manufacturing business, opportunities like this rarely become available. Listed at $550,000 For further information contact Kat Gawlik Redlands Coast Realty 0497 887 953 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. Property Code: 3413

Features

1 bedroom
2 bathrooms
8 carspaces
8 open car spaces
850 m² lot size
House

Happy sellers in Russell Island

89%
89% of sellers in Russell Island reported that their sale price either exceeded or met their price expectations.

Russell Island stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 120 reviews in Russell Island over the last 12 months.

Local market activity for 1 bedroom houses in Russell Island

In the last 12 months, 4 one-bedroom houses similar to 15 Sandra Street, have been sold.

This represents a 64% increase in one-bedroom houses sales when compared to the previous 12 months.

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