Some blocks are just for living on. This one is for building a life on.
Set on a rare 4,039sqm parcel in one of Oxenford's most tightly held rural residential pockets, 61 Ruth Terrace is the kind of opportunity that simply doesn't come around often; flat, usable, lakeside, and private, with only one neighbour to speak of. Picture it: kids and pets with room to roam, trailers and toys with somewhere to actually park them, and a lake view to enjoy it all from.
This is a blank canvas for the life you've been planning, whether that's a hobby farm, a home-based business, a shed full of machinery, or simply space enough that nobody's living on top of anybody else. Multigenerational living, a granny flat for family, even short-term accommodation potential (STCA), the flexibility here is rare, and it's exactly what makes rural residential land in Oxenford so tightly held.
And it's not just about today. 61 Ruth Terrace sits within the Oxenford Investigation Area, the Riversdale Precinct, a strategic future planning corridor currently under review by the City of Gold Coast for increased housing density and urban expansion.
This ongoing investigation has already attracted significant developer and investor attention to the area, with future planning discussions including:
• Increased housing density
• Future infrastructure upgrades
• Potential rezoning opportunities
• Expanded residential development potential
• Long term urban growth integration
Whether you're chasing space for the family, room for the business, or a long-term land-banking play in a precinct with real momentum, opportunities like this don't come around often.
Lifestyle and Income possibilities include:
• Home based business potential
• Hobby farming
• Secondary dwellings/granny flats (STCA)
• Sheds and machinery storage
• Short term accommodation opportunities (STCA)
• Multigenerational living options
Financials:
• Council rates approximately $1,219 per half year
• Water rates approximately $215 per quarter
• Estimated rental return in current condition $950-$1,000 per week
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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