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1.2 Hectares Investment in Russell Township

Russell, 43 Florance Avenue

$560,000

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Listing Number: RS2793
About this listing
A very motivated vendor is sitting on a valuable piece of real estate, in my opinion, in terms of much needed accommodation in the Russell township.

A large corner block, sitting at the top of the hill in Matauwhi Bay, is a generous land offering of 1.2 hectares - more or less. It currently has a small 1960's cottage in situ that has been a home and a long-term rental over the years. With long term rental properties now almost nonexistent, this property has great potential to take up the slack and possibly be redeveloped with two homes.

With Russell's dependence on seasonal workers to help us with summer trade, short term rentals are also required. This property is within walking distance to the village and has numerous possibilities.
Get approval from council and could this be a Backpackers accommodation?

But whatever your thoughts, 1.2 hectares in Russell is quite a boon - for now or in the future as freehold, bare land options are dwindling.

Make your move today.
Property Information
  • Land Size: 1.2063 Ha
  • Tenure: Freehold
  • Approx year built: 1960
  • Property condition: Good
  • Property Type: House
  • House style: Character
  • Garaging / carparking: Single lock-up, Off street, Free standing
  • Construction: Weatherboard
  • Joinery: Timber
  • Roof: Coloured steel
  • Flooring: Polished and Other (Particle Board)
  • Window coverings: Drapes
  • Electrical: TV points, Phone extensions
  • Property Features: Other (Sky Dish)
  • Chattels remaining: Light fittings, Stove, Curtains
  • Kitchen: Original, Separate oven and Finished in Laminate
  • Living area: Open plan
  • Main bedroom: Double
  • Bedroom 2: Double
  • Main bathroom: Separate shower
  • Laundry: In garage
  • Workshop: Combined
  • Views: Bush
  • Aspect: North, West
  • Outdoor living: Entertainment area (Covered), Clothes line, BBQ area, Deck / patio
  • Fencing: Partial
  • Land contour: Sloping, Steep, Flat, Flat to sloping
  • Grounds: Tidy
  • Garden: Garden shed (Number of sheds: 2)
  • Water heating: Electric
  • Water supply: Tank
  • Sewerage: Other (Sewerage pump)
  • Locality: Close to transport, Close to schools, Close to shops

Contact Details

Property Location

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