Home on 3 Blocks On Northern End of the Island

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2-6 Callistemon Street, RUSSELL ISLAND QLD 4184

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Home on 3 Blocks On Northern End of the Island

2-6 Callistemon Street, RUSSELL ISLAND QLD 4184

$549,000

2 Bedrooms

1 Bathrooms

4 Car Spaces

Under Offer

House

2745.0 m²

Description

Listing Price: $549,000

Rare Large-Scale Landholding with Income & Future Growth

A rare opportunity to secure an expansive 2,745m² landholding in one of Russell Island’s most tightly held and highly sought-after pockets — offering the feel of acreage living with the added benefit of immediate rental income and outstanding long-term upside.

Properties of this scale are increasingly scarce. With two-street frontage, strong fundamentals, and clear future potential (STCA), this is an asset positioned to grow in value as the island continues its transformation.

Property Highlights

• Solid 2-bedroom residence with open-plan living
• Slate tiled flooring throughout
• Well-appointed bathroom with full-size bathtub, ideal for families
• Large shed — perfect for storage, workshop or future use
• Expansive, usable land offering multiple future possibilities (STCA)

📐 Land size: 2,745m²
💰 Current rent: $440 per week — income from day one

Investment & Lifestyle Appeal

Russell Island is undergoing sustained infrastructure investment, with ongoing improvements to transport, utilities, services, and community amenities. Demand continues to rise as buyers recognise the island’s value proposition, lifestyle appeal, and long-term growth trajectory.

This property is ideal for buyers seeking to:
• Secure a large landholding in a premium island location
• Generate strong holding income
• Capitalise on future development and capital growth

Opportunities combining scale, income, and growth potential are exceptionally rare.

🔑 Secure your foothold in Russell Island’s future — before land of this calibre becomes unobtainable.

Inspection Options

• Jetty pickups 🚤
• Private inspections
• FaceTime walkthroughs

Contact the Island Life Team

Rhys Franz – 0482 171 300
Office – 07 3409 2288
📧 [email protected]

🌐 www.islandlife.au

Island Life – REIQ Accredited & Trusted Local Experts
Finalist – REIQ Small Residential Agency of the Year 2025
Finalist – Queensland Business Contribution to Community 2025

“Superb agents — their knowledge of the island and tips on island living were invaluable. Down-to-earth, honest, and knowledgeable. I’d choose Island Life again without question.”

📝 Disclaimer: All information provided is deemed reliable but not guaranteed. Buyers should conduct their own independent due diligence.