5 Schooner StreetRussell Island QLD 4184
Property Details for 5 Schooner St, Russell Island
5 Schooner St, Russell Island is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 2009. The property has a land size of 607m2 and floor size of 241m2. While the property is not currently for sale or for rent, it was last sold in May 2013.
Last Listing description (September 2023)
MILLION DOLLAR VIEWS WITHOUT THE MILLION DOLLAR PRICE TAG
RUSSELL ISLAND HAS ALSO BEEN KNOWN AS QUEENSLAND'S BEST KEPT SECRET. IT IS NESTLED JUST BEHIND NORTH STRADBROKE ISLAND & THE PICTURESQUE WATERS OF MORETON BAY.
Massive Potential exists with this Prestige Waterfront Property. A stone's throw from Redland bay & major development with new shoreline infrastructure project.
YOU DECIDE WHAT THIS HOUSE COULD BE:
* HOLIDAY HOUSE
* AIR BNB
* DUAL LIVING WITH MULTIPLE INCOMES
* RETIREMENT
* BLENDED FAMILIES
* THE POSSIBILITIES ARE ENDLESS.
This property consists of 5 bedrooms in total or 3 upstairs and 2 downstairs with only a minor alteration needed to make it a self-contained dual living. It smartly utilizes 2 kitchens, 2 laundries, multiple living areas including a deluxe outdoor kitchen to help unwind a busy day overlooking the bay
Upstairs offers an ultra-modern design with resort style water views through the floor to ceiling windows which allows an abundance of natural light
You have 3 bedrooms including a large, oversized master suite and impressive walk-in robe, 2 bathrooms, huge open plan living and custom laundry. Complete with its own grand staircase private entrance.
The Open-plan kitchen comprises of stone bench tops, gas cooking, quality cabinetry, feature stone splash-back tiles, large fridge space and an abundance of storage
Potential rental:
Permanent tenancy: $450-$500pw
Airbnb: $325 per night min 2-night stay
Downstairs consists of 1 or 2 bedroom living, full kitchen with quality appliances, bathroom laundry combination, Living / dining area with private entrance & carparking for 3 cars
Permanent tenancy: $280-$325pw
Airbnb: $180-$225 per night min 2-night stay
Bonus additional room at the rear of the downstairs kitchen area could be reconfigured to provide a highly sort after work from home space.
The use of porcelain tiles on floor and feature walls adds a level of prestige to the residence suggesting this build was highly customised with quality.
A Water tank exists on the property to help reduce living expenses but also has the backup of town water equipped.
Quick and convenient access from ferry terminal to house & only a short 15-minute express water taxi ride from mainland Redland bay which run every 15 minutes making access easy and affordable. There is free parking at the terminal which makes commuting hassle free ( A Designated car space on banana street Redland bay can be offered at additional price ).These are just a few reasons why island living is becoming more popular and just one of the reasons more and more locals are calling this HOME.
Call Steve from Team Neilson today to book your inspection.
Property History for 5 Schooner St, Russell Island, QLD 4184
- 24 Oct 2022Listed for Sale SERIOUS OFFERS OVER $839,000
- 08 Jul 2022Listed for Sale Offers over $880,000
- 30 May 2013Sold for $200,000
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0About 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 9,447 properties. Over the last 5 years, Houses in Russell Island have seen a 101.41% increase in median value, while Units have seen a 99.83% increase. As at 30 June 2026:
- The median value for Houses in Russell Island is $543,009 while the median value for Units is $979,222.
- Houses have a median rent of $450.
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