Sold

15 Reading St, Russell Island

SOLD for $515,000

4 3 4 1,165 m2

Rare Find, A Gorgeous Home With Business Potential

A Rare Opportunity to purchase a lovely property in a prime location within walking distance to shops, ferry, barge and school. 

Situated on a 1,165m2 block sits a large house separated from a massive shed by a high fence so you can separate home life from work life. Get the good life and operate a home based business, this property has enormous potential to either rent out of live in.

The house is high set with verandas on the front and back upper floor.

Currently divided into two entirely separate living areas, one on the lower and one on the upper floor, both having 2 bedrooms, bathroom, kitchen and laundry and their own separate entrance and garden areas. 

Live in one and rent one out!

Alternatively, the house could be easily converted into a lovely 3 bedroom family home. 

The opportunities here are endless! 

Here is what you get for your business: 

  • Unique property in both structure and function
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  • 108M2 shed with 2 x 7m high roller doors
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  • Shed has 27m2 of mezzanine storage 
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  • 27m2 Office with kitchen area and bathroom
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  • Air conditioned office
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  • Off Street Parking and extra storage to the rear 
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  • The current owners are renting out both areas and achieving $500 per week for the accommodation, as well as $500 for the shed. 

     

Huge blocks and living/working space on Russell Island is in short supply, don't let this opportunity pass you by without booking an inspection. 

N.B Should you be buying this property as an investment, the owners are willing to rent back for a minimum of 6 months by negotiation 

Call the listing agent 0411 805 102 

 

 

 

 

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.

Details

Address 15 Reading St, Russell Island
Price SOLD for $515,000
Property Type Residential
Property ID 1950
Category House
Land Area 1,165 m2

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Alice Chep

0417 635 793