17 Wakehill Road, Russell Island, Qld 4184

$499,000

House
Type
3
Bedrooms
2
Bathrooms
2
Parkings
546 m²
Area

Published on Tuesday, June 09, 2026 ( See property details for 17 Wakehill Road, Russell Island, Qld 4184)

$499,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained three-bedroom, two-bathroom home in Russell Island offering immediate rental income and future growth potential.

🏡 Property Highlights

  • Long-term tenant in place until 2028 providing immediate rental income
  • Solid timber flooring throughout for durability and style
  • Fully fenced yard offering privacy and security
  • Desirable location in sought-after Russell Island area
  • Affordable entry-level investment with potential for rent review
  • Well-maintained and tidy home ready for tenants or owners

✨ Key Features

  • Solid timber flooring
  • Practical kitchen with ample storage
  • Fully fenced yard
  • 3 bedrooms
  • 2 bathrooms
  • Long-term tenant in place
  • Currently returning $410 per week
  • Rent review opportunity available
  • Located in a sought-after area
  • Affordable price point

Russell Island offers a relaxed island lifestyle with a close-knit community, convenient ferry access, and a range of local amenities. The area is known for its affordable real estate, scenic waterways, and outdoor recreational opportunities. Its sought-after location makes it ideal for both investors and those seeking a peaceful coastal retreat.

What is the current rental income and lease term?
The property is currently rented at $410 per week with a lease extending through to 2028.
Is there potential to increase the rent?
Yes, there is an opportunity to review and potentially increase the rent in line with current market conditions.
What are the key features of the property?
The property features solid timber flooring, a practical kitchen with ample storage, a fully fenced yard, and is well-maintained.
What is the condition of the property?
The home is well-maintained, tidy, and ready for tenants or future owners.
Are there any additional amenities or services available?
Yes, jetty pick-ups, island tours, and virtual inspections are available for prospective buyers.
Are there any upcoming or planned developments in the area that could affect the property value or environment? What are the zoning restrictions and are there any easements or covenants affecting the property? Are there any known issues with the property such as structural defects or pest problems? Is the property compliant with all local building codes and regulations? Are there any additional costs such as strata fees, council rates, or maintenance expenses not disclosed? What is the history of the property regarding flooding, bushfire risk, or other environmental hazards? Are there any restrictions on future renovations or extensions? Is the current tenant aware of the lease terms and condition of the property? Are there any planned infrastructure projects or construction nearby that could impact the property? What are the terms of the existing lease, and are there any conditions that could change in the future?

17 Wakehill Road, Russell Island, Qld 4184 - More Details

$499,000

Type
House
Bedrooms
3
Bathrooms
2
Parkings
2
Area
546 m²

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