Coastal Residences In Queensland From $495,000
A ten residence development on Russell Island, priced from $495,000, with completion anticipated 2027. Six residences include a shopfront, four offer a home office or studio, and the site is zoned for working from home.
Enquire Now About A Residence
Your New Coastal Residence On Russell Island
- ✓3 minutes' walk to the ferry terminal and close to the waterfront, 20 minutes from the mainland
- ✓Ten single storey turnkey residences across five identical buildings on a 3,000 square metre site
- ✓Architecturally designed single storey homes with a coastal look and feel throughout
- ✓Walk to everything you need — IGA supermarket, medical centre, shops, primary school and sporting facilities, all close to home
Inside The Residences
Commercially Zoned To Work From Home
The land is zoned town centre, so running a business or working remotely is a right that comes with the address — whether from a shopfront, office or studio.
Turnkey Handover
Every residence is completed inside and out, so the work is finished before the keys change hands and the home is ready to live in.
Two Layouts
Six residences have a shopfront attached, and the remaining four offer the option of an office or studio inside the home.
Architecturally Designed
Thirty degree pitched roofs, high internal stud and ceiling heights, and a Hampton and Coastal look carried across the whole site.
- Reverse cycle air conditioning
- Solar
- Designer kitchens
- Designer bathrooms
- Floor coverings
- Oven and cooktop
- Extraction fans
- Ceiling fans
- Allocated car bay
- Driveways and footpaths
- Full fencing
- Professional landscaping
Where The Development Sits
Location Sets The Price
An island address is what puts a finished Queensland home within reach at $495,000.
A Ferry Every Half Hour
Ferries run every thirty minutes, eighteen hours a day, making trips to the mainland fast and easy.
Supermarket, Shops & School Nearby
IGA supermarket, medical centre, chemist, butcher, baker, greengrocer, primary school, hardware stores, petrol station and a high street of shops and cafes are all on the island.
Health, Safety & Emergency Cover
A medical centre and pathology offices, a fully manned police station, ambulance, boat and helicopter cover around the clock, and a new hospital at the mainland terminal.
Bay, Beach & Bushland
Sandy Bay Beach Reserve, hundreds of acres of reserve parkland, public pool, tennis courts, sports fields and maintained waterfront barbecue areas.
Only 10 Homes
Ten residences make up the whole development, released together and sold once, with no more to be added.
A Look At The Development
Artist impression only. Images are indicative and intended for illustrative purposes. Final finishes, fixtures, landscaping, colours, dimensions and specifications may vary.
Life On Russell Island
The water is the reason people move here. Fishing, kayaking, sailing and bushland sit within a few minutes of the development.
Get The Full Project Brochure
Everything about this development in one document, so you can take your time with the detail, share it with whoever else is involved in the decision, and come back knowing exactly what you would be buying.
Why Buy On Russell Island
A Moreton Bay Address
Russell Island sits in Queensland's Moreton Bay, so the address comes with water on every side, island neighbours a short ferry ride away, and open space around it.
Backed By New Infrastructure
New ferry terminals at both Russell Island and Redland Bay, two newly commissioned ferries, and many millions of government investment in the crossing that connects the island.
Low Cost Queensland Housing
A finished home in Queensland from $495,000, complete on handover, so the price you agree is the price of a home you can live in.
Zoned To Work From Home
Town centre zoning lets you run a business, office or studio from the property, so commuting becomes optional and work can happen from home.
No Stamp Duty
Eligible first home buyers pay no stamp duty on this purchase, which puts more of your available funds straight into the home itself.
First Home Owner Grant
A government grant may also apply and would cut the cash you need at the front end, though eligibility is set by the government.
Experienced Developer
John Hay is an experienced developer with more than 100 completed developments to his name, and that record informs every decision made on this project.
Australian Owned And Operated
An Australian owned development, run by an Australian developer who takes buyer enquiries himself and answers them directly, so you always know who you are dealing with.
A Safe Island Address
A close-knit island community with a fully manned police station, ambulance, boat and helicopter cover around the clock, giving extra peace of mind for those living alone or older residents.
Your Home Builder
Haycraft Australia is led by John Hay, a property developer who has conceived, built and sold over 100 individual developments and has worked with trading banks and development financiers for more than fifty years across four countries. He pioneered pre-selling apartments off the plan in 1974, and he runs this project personally.
Common Questions
How much do the residences cost?
Residences are priced from $495,000 to $550,000, and the exact figure depends on the residence, so enquire about the one you are interested in and it will be confirmed against current availability.
When will the development be completed?
Completion is 2027, with residences available to purchase off the plan ahead of that date.
What is the demand for rentals on Russell Island?
This development is focused on home ownership, and rental information can be discussed directly on enquiry.
Can I really work from home?
Yes. The site is zoned town centre, so every residence has the right to operate a home-based business. Six residences include a shopfront, and four offer a dedicated office or studio space.
How do I get to Russell Island?
Ferries depart Redland Bay Marina for a crossing of around twenty minutes, and buses, taxis and Uber all operate on the island.
What deposit do I need to pay?
A ten per cent deposit is payable once contracts are signed, and it is held in the trust account of OMB Solicitors in Southport until settlement.
What if I need finance, or have a property to sell first?
Arrangements can be made for buyers who need to raise finance or sell an existing property, so speak to us about your situation.
What are the ongoing costs?
A body corporate manager will be appointed and costs kept to a minimum. They generally work out much the same as running a free-standing home.
Who do I deal with during the purchase?
You deal directly with the developer, John Hay, and the appointed solicitors, which means the answers you get come straight from the person responsible for the project.