Not every block is for everyone... and 1 Paringa Drive is certainly one of the more unusual opportunities on Russell Island. If you're looking for an easy, level block to build on, this probably isn't it. But if you enjoy solving problems and are prepared to take on a challenging site, this could be the project you've been searching for.
This 539m² allotment is zoned Character Residential, however buyers should be aware that it is a highly constrained site. There is currently no formed road or vehicle access, with Purlit Parade existing as a stormwater drainage reserve rather than a constructed road. Town water and electricity are not available to the property, making an off-grid approach something buyers may wish to investigate. The land is also very steep, so any future development is likely to require engineering, specialised foundations and careful design.
For these reasons, all interested buyers are strongly encouraged to undertake their own investigations with Redland City Council, a building designer or builder, and any other relevant professionals to satisfy themselves as to the property's suitability for their intended use. Information regarding building on the Southern Moreton Bay Islands can be found on Redland City Council's website.
The asking price reflects the unique challenges of this property—it's priced accordingly and represents an opportunity for the right buyer who understands exactly what they're purchasing.
Serious enquiries only, please.
Contact Kat Gawlik from Redlands Coast Realty on 0497 887 953 to arrange an inspection.
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: 3466
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