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 711m² 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 711m² 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 (48 hours notice required for viewings)
