7 Double Island Otlk, Russell Island is a 3 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 607m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
Welcome to your island retreat! 7 Double Island Outlook presents a charming 3 bedroom (2 bed + office on council approved documents) abode nestled on a generous 607m2 plot, perfectly situated on the sought-after east side of the island, just a stone's throw away from the prestigious Wahine Drive. Boasting a prime location, it's a mere 2-minute drive to the Wahine Boat Ramp, ideal for those with a passion for the water.
Featuring modern amenities, including a 2 year old AES septic system (no servicing required) and sturdy foundations laid just 2 years ago when relocated to its current spot in 2021. Its timber frame structure rests gracefully on raised steel piers creating storage space and clearance beneath the house.
Step inside to discover the comfort of ceiling fans and convenient built-in wardrobes. Please note the air conditioning units have recently stopped working and will need replacing. With a single bathroom and a separate toilet, this home offers practical living arrangements for any household.
Tech-savvy residents will appreciate the convenience of NBN broadband internet already set up, ensuring seamless connectivity for work or leisure pursuits.
Currently under tenancy, please allow a minimum of 24 hours notice for viewings. The existing lease runs until 30 August 2024, generating a rental income of $290 per week. With potential for minor updates such as refreshed floor coverings and new kitchen and bathroom enhancements, this property could command a higher rental yield ranging from $350 to $370 per week.
Experience the charm and potential of 7 Double Island Outlook through our exclusive video tour. To arrange a viewing or for further enquiries, contact Kat at 0497887953. Your island dream awaits!
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained here is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or mis-statements contained in this document. Prospective purchasers should make their own enquiries to verify the information contained here.
Property Code: 2700
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 9,483 properties. Over the last 5 years, Houses in Russell Island have seen a 95.74% increase in median value, while Units have seen a 99.83% increase. As at 31 July 2026:
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