5 Borrows StreetRussell Island QLD 4184
Property Details for 5 Borrows St, Russell Island
5 Borrows St, Russell Island is a 2 bedroom, 1 bathroom House and was built in 1985. The property has a land size of 625m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (June 2023)
This original 2-bedroom 1980s Hardiplank home is wedged between the wetlands and a pine forest. Located in the heart of the town centre, it's pulsing with retro fittings and offers a perfect opportunity for a home-business or future development.
Step back in time as you enter the level grounds of this sprawling 625m2 block. Beyond the picket fence, there's ample off-street parking, a manicured lawn, established gardens and the picture-perfect cottage, all set-back from the street.
With vacant blocks to the North and East and the verdant rainforest directly across the road, you're surrounded by nature and native habitat. It's hard to believe the IGA is just beyond the bitumen verge and the ferry, an effortless stroll.
Zoned Commercial (or SMBI Centre by Redland City Council), the options to utilise this site are endless:
Retain the residence as an island home
Perfect as consulting rooms
Develop it for shops/accommodation
Create a community space for our youth
Incorporate adjoining land to create a restaurant or day-spa. Bliss!
This rare opportunity and limited-edition home is being offered for sale for the first time, since it was built in 1985. It's been passed-down through the family, who've enjoyed many wonderful island holidays, but now it's time for new beginnings.
Mimicking nature, the sage tones of the house and front porch, welcome you into the heart of the living room. Immediately, you'll be surprised by the raked ceilings, linoleum floors and tiled benchtopsjust some of the 80s features you can expect in this museum-quality home.
A typical, L-shaped open-plan living, reflects the style of the era. Your eye traces the soaring ceiling, then rests on the large timber kitchen with a breakfast-bar connecting the dining area. A doorway from the lounge leads to the bathroom and two bedrooms, while the laundry separates the two zones and provides ramp-access to the backyard.
All rooms are flooded with light and the neutral earthy tones are complemented by warm timbers and natural stone tiles. The bathroom has a shub (shower over small tub), wide vanity and toilet. It services the two large bedrooms, both with built-ins, picture windows and highlight windows for good cross-flow ventilation.
A few items to note:
Feature wood panelling throughout
Vertical blinds in living (so 80s)
Rustic tiled benchtops in kitchen & bathroom
Security screen-doors & insect screens to windows
Fujitsu air-con in living area
Mudroom/laundry with rear access
Water tank
Paving, pathways & pergola
Pest treatment up-to-date
Storage under the house
The home is perfect as-is, or could easily be renovated to bring her into the 21st century. Why not live in it today, experience the location, then develop it later?
But, if you've been secretly wishing to do something different and just waiting patiently for the right property, don't even hesitate on this deal. Imagine, the potential benefits you could bring to the community of Russell Island, or the legacy you could leave!
5 Borrows is ripe for change and is limited only by your imagination. With limited commercial-zoned properties, you'll reap the rewards of this multi-faceted opportunity, while others procrastinated.
Gather your A-team and call Chris McGregor on 0420 555 997, to secure a piece of the SMBI Centre.
Building & Pest Report
- Contact the Agent today for a copy of the Pre-Sale Building and Pest Report.
Rental Estimate $330 - $350 per week
Property History for 5 Borrows St, Russell Island, QLD 4184
- 17 May 2023Sold for $319,950
- 27 Oct 2022Listed for Sale $319,950 Under Contract
- 05 May 1998Transferred
Recent sales nearby
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About Russell Island 4184
The size of Russell Island is approximately 17.8 square kilometres. There are 64 parks, covering nearly 13.3% of the total area. The population of Russell Island in 2016 was 2836 people. By 2021 the population was 3698 showing a population growth of 30.4% in the area during that time. The predominant age group in Russell Island is 60-69 years. Households in Russell Island are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Russell Island work in a community and personal service occupation.In 2021, 70.30% of the homes in Russell Island were owner-occupied compared with 63.80% in 2016.
Russell Island has 9,376 properties. Over the last 5 years, Houses in Russell Island have seen a 102.80% increase in median value, while Units have seen a 99.83% increase. As at 31 May 2026:
- The median value for Houses in Russell Island is $539,944 while the median value for Units is $940,651.
- Houses have a median rent of $450.
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