1.2 Hectares Investment in Russell Township

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.

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Main Property Features

Listing Number: RS2793

Land Size:
1.2063 Ha
Property Type:
House
Property Features:
Other (Sky Dish)
Roof:
Coloured steel
Tenure:
Freehold
Approx year built:
1960
Property condition:
Good
House style:
Character
Garaging / carparking:
Single lock-up, Off street, Free standing
Construction:
Weatherboard
Joinery:
Timber
Flooring:
Other (Particle Board) and Polished
Window coverings:
Drapes
Electrical:
TV points, Phone extensions
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 shops, Close to schools
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Licensed REAA 2008

Your enquiry has been sent. Thank you.

Harcourts Russell

Bay of Islands Realty Ltd

Licensed REAA 2008

17 York Street
Corner York & Chapel Streets
Russell
Office website or View office details

Property Location