Why squeeze into an apartment when you can own a waterfront home with an income stream?
This rare multigenerational living property sits on a huge 948 m² block just 400m from the jetty, shops, cafés, and transport. Step out your back gate and you're on the water — kayak, paddle, breathe — no trailers, no hassle.
Upstairs:
Light-filled open plan living, water views, a sleek kitchen, a generous main bedroom with a stylish bathroom, plus solar to keep bills low.
Downstairs:
A fully self-contained granny flat with its own entrance, with great rental return. Perfect for multigenerational living, a secure rental, or a private guest space.
This is serious lifestyle + serious value:
• Waterfront access
• Huge block
• Income downstairs
Massive price drop.
Motivated seller.
Waterfront opportunity that won't sit around.
The Location
To Passenger ferry and vehicle barge: 2 min (400m)
To Village shopping: 2 min (700m)
To Bay Islands Aquatic Centre: 2 min (700m)
To Primary School: 2 min (800m)
To Russell Island RSL: 3 min (1.3km)
To Russell Island Bowls Club: 5 min (2.4km)
To Jock Kennedy Boat Ramp: 3 min (1.2km)
To Russell Island Boat Ramp (Wahine Drive): 8 min (5.4km)
To Sandy Beach Recreational Reserve: 12 min (8.4km)
Discover Life on Russell Island
Nestled on the edge of Redland Bay, Queensland, Russell Island is the largest of the Southern Moreton Bay Islands, covering 8 kilometres in length and nearly 3 kilometres in width. Located between North Stradbroke Island and the mainland, this peaceful island offers a harmonious blend of natural beauty, rich history, and a vibrant community.
Russell Island (also known as Canaipa) is home to a variety of evocatively named landmarks, including the tranquil Kinbbinkibbinwa Point, the serene Ooncooncoo Bay, and the lush Whistling Kite Wetlands. The island's fascinating past includes its original Indigenous inhabitants, followed by lime burners, timber getters, oystermen, and early settlers who farmed sugar, fruit, and cotton. Today, the island retains a relaxed, village atmosphere, with modern conveniences and facilities catering to a laid-back lifestyle.
Island Life at Your Doorstep
Russell Island boasts a range of amenities to make everyday life easy and enjoyable. The local shopping centre includes a Supa IGA, post office, hairdresser, and more. You'll also find essential services such as a police station, ambulance centre, and medical centre, along with a pharmacy and pathology collection centre. The island is well-equipped for families with a primary school, childcare centre, and public swimming pool.
For recreation, residents and visitors enjoy the Russell Island RSL & Bowls Club, a hardware store, petrol station, vet, pet store, and several excellent cafes. Whether you're grabbing a coffee, picking up groceries, or enjoying a meal, everything you need is just around the corner.
A Creative Haven
Russell Island is also a thriving hub for artists, musicians, and creatives of all kinds. With its tranquil surroundings and breathtaking landscapes, the island has long attracted a diverse and passionate creative community. The island's unique natural beauty and relaxed pace of life provide the perfect backdrop for artists to find inspiration, with many calling it their home.
Throughout the year, Russell Island hosts monthly markets, a number of art walks, exhibitions, and cultural events, where local artists showcase their works. The island also features a range of galleries and pop-up art shows, offering a platform for emerging talent. If you enjoy discovering local art, you'll find plenty of opportunities to connect with artists and immerse yourself in the island's vibrant creative scene.
Musicians often gather for informal performances, jam sessions, and community concerts, adding to the island's lively and artistic atmosphere. For those with a creative spirit, Russell Island is a place where you can both live and create in a truly inspiring environment.
The Great Outdoors
The waters surrounding the Southern Moreton Bay Islands are a paradise for boating enthusiasts, kayakers, and fishermen. The island's coastline is famous for its stunning sunrises and sunsets, best enjoyed from one of the many parks or walking trails. If you're keen on outdoor activities, there are plenty of opportunities for cycling, hiking, and swimming.
According to WeekendNotes.com, Russell Island ranks #4 in Brisbane's best spots for kayaking, making it a must-visit for water sports lovers. For a more relaxed day, you can explore the island's natural beauty and enjoy the peace of island living.
Important Disclaimer: All information contained herein is gathered from sources we consider reliable. However, we cannot guarantee or provide warranties regarding its accuracy. Interested parties must make their own inquiries.
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