Welcome to a once-in-a-lifetime opportunity to own a piece of paradise nestled on the water's edge. This stunning 2.03-hectare block of land, boasting full farmland rural zoning, presents a rare gem for those seeking an extraordinary lifestyle amidst nature's finest.
Located at the coveted intersection of Bay Drive and Canaipa Point, this property offers unrivaled access and convenience. Imagine waking up to the gentle lapping of waves and panoramic views of the sparkling waters stretching out before you. With its elevated position, the property provides a breathtaking vantage point, ensuring every moment is infused with serenity and beauty.
The charm of yesteryear awaits with an original old home on-site, offering the perfect blend of nostalgia and opportunity. Whether you choose to renovate and restore this historic treasure or embark on a new architectural masterpiece, the possibilities are endless.
This property is a haven for those who appreciate the finer things in life and seek to live each day to the fullest. Whether you're an investor looking for a prime development opportunity or a homeowner yearning for a tranquil retreat, this is your chance to turn dreams into reality.
The owner is motivated to sell, making this an exceptional opportunity not to be missed. Seize the moment and make this waterfront paradise your own. Call today to arrange a viewing and start living the life you've always imagined.
Key Features:
2.03 hectares of prime waterfront land
Full farmland rural zoning
Original old home on-site
Unrivaled access from Bay Drive and Canaipa Point
Elevated position with stunning water views
Rare opportunity to create your dream lifestyle
The size of Russell Island is approximately 17.8 square kilometres. There are 64 parks, covering nearly 13.3% of the total area. The population of Russell Island in 2016 was 2836 people. By 2021 the population was 3698 showing a population growth of 30.4% in the area during that time. The predominant age group in Russell Island is 60-69 years. Households in Russell Island are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Russell Island work in a community and personal service occupation.In 2021, 70.30% of the homes in Russell Island were owner-occupied compared with 63.80% in 2016.
Russell Island has 9,484 properties. Over the last 5 years, Houses in Russell Island have seen a 89.09% increase in median value, while Units have seen a 99.83% increase. As at 31 August 2026:
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