Saturday, 14 October 2023

QLD island property listed for less than house in parts of Logan

This spectacular island property off Far North Queensland has two houses, a beach hut and views to rival the Maldives.

But this one will cost you less than a bog standard house in parts of Brisbane.

Located on Prince of Wales Island, also known as Muralug Island, in the Torres Strait, the 1214sq m property has spectacular views across the channel to Horn Island, Thursday Island and to Cape York.

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You could have this …

It is listed for offers over $1 million, which means it could cost you less than the average house in some suburbs in Logan-Beaudesert (Chambers Flat, Forestdale) and Ipswich (Brookwater, Corinda).

According to the latest ABS census, the island was home to just 20 families in 2021, with 61 private dwellings on the Torres Strait’s largest island.

It had a population of just 62 at that time.

“The island is used predominantly for recreation purposes by the people of Thursday Island; the western coastline is mostly local government camping and recreation reserves,” according to the Torres Strait Council.

“A number of families live on Prince of Wales Island, however the island does not have established facilities for electricity, water, waste and sewerage.

“Most rely on power generators to supply electricity, water tanks for clean water, and a daily pick up by contractors to collect and dispose of refuse in the temporary landfill on the island.”

But who cares when you have THAT view.

Lot 104 Muralag Beach Rd offers freehold land with two houses that have been designed to be completely self-sufficient and off the grid.

“All electricity needed for the property is provided by power, a brand new Selectronic SP PRO and 4 ABB selectronic certified inverters, new solar panels, 24 lithium storage batteries plus a new backup 10.5 KVA Kubota generator in case you need it,” the listing says.

”Eight water tanks to collect the monsoonal rains, storing the pristine water all year round for drinking, cooking, and washing.

“Opportunities like this are a rarity and the Torres Strait provides an incredible backdrop.”

The “First House/Top House” features four bedrooms with built-in wardrobes, split-system airconditioning and access to a private balcony. There is also a laundry and bathroom on the bottom level, while the top level is home to the open plan living area with wraparound kitchen, a timber feature ceiling, airconditioning, internal and external stairs.

Adjoining the main living is a huge running the full length of the building with stunning views. This house has been fully renovated and rewired.

The “Second House/Bottom House” has been partially renovated and has three bedrooms, an open plan living and kitchen, bathroom and laundry. It too has a full length deck.

The covered “Beach Hut” has been newly built and has stairs directly to the sand.

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The beach hut

“Thursday Island, which is the main commercial hub of the Torres Strait Islands, is located a short 5-minute boat ride from Prince of Wales (Muralag Island),” the listing says.

“Here you will find all you need if you need it, Australia Post, restaurants, grocery stores, Mitre 10, a pharmacy, medical centres, the hospital, fuel and much more.”

The property is listed with Lamonds Real Estate and is being marketed as a family home, weekend getaway, commercial opportunity or investment.

Article source: Queensland Property Investor

QLD island property listed for less than house in parts of Logan

This spectacular island property off Far North Queensland has two houses, a beach hut and views to rival the Maldives. But this one w...