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For Salehouse

15 Sandra St

Russell Island, QLD 4184, Australia
$550,000
1 bed 2 bath 8 car850m²

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Area Price Guide
$517,000$583,000

Indicative price guide range

🏘️
75
Comparable
📊
$495,000
Area median
⚖️
+11%
vs median
📐
$647
Per m²
📏
850 m²
Land
🗓️
2 days ago
Listed

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About this property

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

Property Features

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    Repayment calculator

    $2,666/month
    $1,333 /fortnight
    Loan $440,000 at 6.10% over 30 years

    Upfront costs

    Deposit$110,000
    Stamp duty$17,775
    Conveyancing (est.)$2,000
    Total upfront$129,775
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    2
    Parking
    8
    Land Area
    850m²
    Listed
    2 days ago

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