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Looking for a solid investment opportunity on Russell Island? This charming 3-bedroom, 1-bathroom home is tenanted with a reliable long-term renter paying $330 per week until 24 January 2026, offering immediate returns for savvy investors.
Set on a generous 711m? fully fenced block, this older-style hardwood framed home features polished timber floors, a new solar system, and ceiling fans in every room. Originally relocated to the island around 2015, the home was placed on steel foundation posts and is equipped with a low-maintenance AES septic system (only requires emptying every 5-10 years).
Enjoy fast and reliable Fibre to the Premises (FTTP) NBN, perfect for working from home or streaming with no interruptions.
Situated in a quiet, sealed, no-through road, this property is 1.9km from the ferry terminal and just 1.2km from the Russell Island State School, ensuring a convenient lifestyle for tenants.
Why Invest Here?
? Consistent rental income ? currently leased at $330/week
? Prime location ? close to all town amenities
? Spacious, fully fenced 711m? block ? above the island?s average
? Easy-care yard ? low maintenance investment
? Rising property values ? growing demand on Russell Island
Russell Island Lifestyle & Amenities
Russell Island offers all the essentials, including a supermarket, pharmacy, medical centre, cafes, post office, hardware store, art gallery, hairdresser, plant nursery, Bowls Club, RSL, and more. Conveniently located just 17 minutes to the mainland via the $0.50 Translink ferry, and within 50 minutes of Brisbane or the Gold Coast.
?? Contact Kat from Redland Coast Realty ? your local island specialist!
?? 0497 887 953 (24 hours' notice required for tenant viewings)
?? Check out the walk-through video to see if this property is right for you!
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.
Property Code: 2937
Straßenadresse | Entfernung | Anzahl der Schlafzimmer | Anzahl der Badezimmer | Gebäudefläche | Verkaufsdatum | Verkaufspreis | Datenquelle | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 0 | 0 | -m2 | 2025 Jahr 01 Monat 19 Tag | - | Council approved | |
 | 0.11 km | 2 | 1 | -m2 | 2025 Jahr 01 Monat 09 Tag | - | Council approved | |
 | 0.16 km | 2 | 2 | -m2 | 2024 Jahr 12 Monat 01 Tag | $500,000 | Council approved | |
 | 0.15 km | 3 | 2 | 601m2 | 2024 Jahr 09 Monat 04 Tag | $545,000 | Council approved | |
 | 0.04 km | 0 | 0 | -m2 | 2024 Jahr 08 Monat 28 Tag | - | Council approved |