For Sale – $399,000 | 3 Bed | 1 Bath | 1 Car | 711 m² Block | Tenanted at $330/week
Looking for a rock-solid investment or a future home with island charm and immediate returns? This well-positioned property on Russell Island ticks all the boxes — space, style, sustainability, and income from day one.
Property Features & Highlights
– ✅ 3 bedrooms, 1 bathroom, 1 car space
– ✅ Set on a generous 711 m² fully fenced block
– ✅ Built in 1990 with polished timber floors and hardwood frame
– ✅ Recently installed solar power system to keep costs low
– ✅ Ceiling fans throughout for year-round comfort
– ✅ New hot water system and updated power board
– ✅ FTTP NBN and 4G mobile coverage – work-from-home ready
– ✅ Tenanted at $330/week until 24 January 2026 – secure income stream
– ✅ Quiet, sealed no-through road for added privacy and low traffic
– ✅ Only 1.9 km to the ferry terminal and 1.2 km to Russell Island State School
Investor Snapshot
This property presents a stress-free investment in a rising market:
– Current rental return: $330/week
– Lease term: Until January 2026
– Median house price for Russell Island: ~$405,000
– Past sale in 2019: $148,000 – strong capital growth
– Positioned for future value gains with minimal maintenance required
️ Lifestyle & Location
Located in the peaceful Redlands Coast community, this home offers both quiet island living and convenience. You’ll enjoy:
– Proximity to local shops, schools, and ferry services
– Easy access to the mainland
– A relaxed, coastal lifestyle with a strong community spirit
Why This Home?
Whether you’re a seasoned investor or entering the market for the first time, 10 Roebuck Road offers a unique combination of:
– Stable returns
– Low overheads
– Strong growth potential
– Excellent location
Interested? Act Now!
This gem won’t last long. For more information or to arrange a private viewing, contact:
Jo Glover
Russell Island Real Estate
0413 486 312
jo@rire.com.au
Property Code: 3623