17 Russell Street

Description

3-Entire Floor Apartment Complex by the Noosa River
Looking for a one-in-a-million exclusive investment opportunity, a complex with three entire floor three-bedroom apartments, mere 120m to the Noosa River's white-sand shore? This is it, and all 3 apartments have Holiday Letting approval.

Easy to bask in the pleasure of having one of Noosaville's most sought-after addresses, and a quiet complex aptly called 'Illoura', an Aboriginal word for 'beautiful place near water'.

Each sizeable naturally light apartment has a bright white breezy-beach aesthetic thanks to a recent makeover; furniture and accessories in the tiled open plan living, dining and kitchen area with a monochromatic palette to complement; and north-east facing undercover terraces; from the top floor apartment drink in the views of the Noosa River. The ground floor terrace has been enclosed however has a doorway to a private courtyard with lawn and fragrant frangipani.

The modern U-shaped and well-equipped kitchen has white benchtops and cabinetry including a semi-island breakfast bar or casual meals area.

Along the hallway are three carpeted bedrooms with built-in robes. The main bedroom is on the north-east side, the bathroom and laundry with full facilities are semi-combined.

At the rear of the property is an outdoor shower, single garage, two abutting carports, two adjacent storerooms, also a shed. Next to the two visitor parking spots is a lawn area fringed by a 'neighbourly' Poinciana and palms.

Apart from the lifestyle value, the solid return on investment from the year-round holiday rental market is undeniable and the location is second-to-none. Several doors away is the water's edge, where watching activity on the river, casting a rod for delicious flathead, sharing sundowners and delightful sunsets, or taking a few minutes' walk to Gympie Terrace and myriad well-known restaurants, cafes, bars, and take-outs are amongst favourite past times. There are jetties to catch the Noosa Ferry to Hastings Street, leisure craft hire companies, shallow waters for safe swimming and adjoining parkland dotted with gazebos.

"World-famous Hastings Street and Noosa National Park are a cycle or short walk away and this unique investment opportunity so close to the water and in such a prestigious location is ultra-rare," explains Tom Offermann Real Estate agent Eric Seetoo who is taking the apartment complex to auction in one line on Saturday 16 March 2024. "This is the domain of the canny and on the wish list of many looking for the magical power of a silver bullet in Australia's favourite holiday destination."

Facts & Features:
- Apartments Area: 3 entire floor apartments each 116m2 & identical floor plans
- All 3 apartments have Holiday Letting Approval transferrable upon sale.
- Land Area: 607m2
- About: open plan living/dining w natural light; white/blue beachy aesthetic; white tiled open plan; sheers/plantation shutters; aircon/fans; open to nth-east facing undercover terrace - #2 w river glimpse, #3 w river view from living & terrace, #1 w enclosed terrace & access to residents-only use courtyard & lawn; modern U-shaped kitchen w white benchtops & cabinetry incl 3m breakfast bar; 3-carpeted bedrooms w BIRs; main on nth east side; bathroom w sep toilet & laundry facilities
- Inventory: fully inclusive
- Exterior: outdoor shower; single garage w 2 x carport; 2 x visitor parking; 2 x storage + shed adjacent to carport; lawn area fringed by neighbourly Poinciana & palms; front courtyard w lawn & frangipani
- Complex: 'Illoura' - an Aboriginal word for beautiful place near water; building height 8.3m; zoned residential to 12m high; currently holiday rental via AirBnB
- Location: 120m to Noosa River foreshore; close to Gympie Terrace, Quamby Place, Noosa Village shopping precinct, Hastings Street, Noosa Main Beach & Noosa National Park
- Conveniently located only 180m from the boat ramp, offering easy access to aquatic adventures and a picturesque waterfront lifestyle.