35 Taylor Street, Russell Island QLD 4184

Vacant north-end block | build-ready with groundwork done | free ferry pickup | rare sub-$150k entry point. This block’s competitive strength lies in its build-ready condition and northern street position near town, saving months of clearing and site preparation that most vacant lots require. The single tree and completed groundwork mean a buyer can proceed directly to slab and frame, compressing time to occupancy or rental income. For a buyer seeking a low-cost entry into Russell Island’s market—whether for a modest family home or a rental investment—this property offers a rare combination of location convenience and immediate development potential, best suited to owner-builders or investors with a clear construction timeline. The primary risk is the wide gap between the 2022 sale price and current valuations, which signals market volatility and the need for conservative financing assumptions. A buyer should secure a current independent valuation before committing, as lender appraisals may fall short of optimistic estimates. The opportunity is the low absolute price point, which allows for a cash purchase or small mortgage, reducing holding costs. Use this property as a build-and-hold: construct a simple dwelling to capture rental demand or resell as a completed home when the market stabilises.