9 Elm Street, Russell Island

5.6% Return on Investment / COMPLETED New Construction, Tenants Waiting..

9 Elm Street, Russell Island

  • Price: $379,000 Brand New Home
  • Property Type:HOUSE
  • Bedrooms:3
  • Bathrooms:2
  • Car Spaces:2
  • Area:559 sq metres

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5.6% Return on Investment / COMPLETED New Construction, Tenants Waiting..

TOP INVESTMENT OPPORTUNITY for an estimated Rental Return of 5.2% to 5.6% on this brand-New fully insulated three-bedroom two-bathroom home on a large 599m² block.

Written Appraisal provided with Estimated rent of $380 pw to $410 pw.

With high demand for rentals on the Island, WE HAVE TENANTS VETTED, ready to move in on SETTLEMENT.
This must be one of the best valued new investment homes available on the island today.

The property is on the Northern Business end of the Island, close to all amenities including shops, school, and public heated swimming pool.
Add this low maintenance new home to your investment portfolio or a good foundation to start with.

Area Description:
Great position with a short drive to the Ferry and Local Shops. 20-minute ferry ride to Redland Bay. Quality homes in the area. Weekend markets, sporting field, community centre, Primary School swimming pool, cafes etc. are a short drive from the property. Your tenant can enjoy a short walk to the bowling club for all the activities, live music and entertainment on offer, just around the corner.

• New build high energy rated, fully insulated three-bedroom two-bathroom home
• Open plan kitchen, lounge, and dining area
• Lovely timber look, low maintenance Vinyl on all living areas
• Master bedroom is stunning with sliding doors leading out onto a lovely, covered deck, Ensuite and walk in robe.
• Two bathrooms, large showers in both with designer fittings.
• Built in mirrored robes in all bedrooms.
• Ceiling fans throughout.
• Separate laundry.
• Established backyard with freshly laid lawn, plants, and planter boxes.
• Fully fenced and gravelled driveway.

Call, text or email for a private inspection or a facetime walk through:
Richard M: 0403 560 063
Office: 07 3409 2288
E: [email protected]


  • Balcony
  • Deck
  • Fully Fenced
  • Outdoor Entertainment Area
  • Broadband Internet Available
  • Built-in Wardrobes

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