This is a true renovation rescue opportunity. Packed with potential and positioned in a sought-after location, this high-set home is being offered for sale as is and is ready for its next chapter. Featuring three generous bedrooms, all with built-in robes, the home offers a practical layout with a single bathroom showcasing a classic terrazzo floor, plus a separate toilet and internal laundry. The spacious lounge and dining area flow through to a separate kitchen, while beautiful timber floors provide a solid foundation for a stunning renovation. Outside, a wraparound deck captures cooling breezes and offers glimpses across the channel. Underneath the home, there is an abundance of storage and usable space, adding further flexibility for future improvements. Set on a substantial 1,012m² block, the property is within easy walking distance of the main shopping village and jetty, making it an ideal project for renovators, investors, or buyers looking to create their dream island retreat. Features: High-set home on a large 1,012m² block Three spacious bedrooms with built-in robes Single bathroom with original terrazzo flooring Separate toilet Internal laundry Large lounge and dining area Separate kitchen Beautiful timber floors throughout Wraparound deck with channel glimpses Extensive space underneath the home Walking distance to the shopping village and jetty Sold as is – ready for renovation and transformation The Macleay Island Lifestyle Located on the southern end of stunning Macleay Island, this property offers more than just a home—it offers a lifestyle. Just a short ferry ride from Redland Bay, Macleay Island is renowned for its relaxed pace, welcoming community, and natural beauty. Spend your days exploring the island's picturesque foreshore, enjoying waterfront parks, boating, fishing, kayaking, and spectacular sunsets over the bay. With local cafés, shops, medical facilities, markets, and community clubs all close at hand, residents enjoy the perfect balance of convenience and island living. Whether you're seeking a peaceful permanent residence, a weekend escape, or an investment in one of the bay islands' most desirable communities, Macleay Island offers a unique opportunity to embrace a simpler, more connected way of life. Disclaimer All information contained herein is gathered from sources we consider reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties should rely solely on their own enquiries. Measurements, boundaries, areas, photographs, floor plans, and descriptions are approximate and for illustrative purposes only. This property is being sold on an "as is, where is" basis, and prospective purchasers are encouraged to conduct their own due diligence, inspections, and investigations prior to purchase. The vendor and agent accept no responsibility for any errors, omissions, or inaccuracies that may appear in this advertisement.
RealistIQ deal score
Good value signal
65
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 58 Eastbourne Terrace, Macleay Island before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is $79,000 below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $433,000 - $721,000Wider ranges mean more uncertainty.
RealistIQ estimate$577,000
Market price guide$498,000
$433,000$721,000
Before you inspect, check what similar properties actually sold for.
