Tenanted Island Investment with Outdoor Appeal

Looking for an investment with a tenant already in place? Set in a quiet part of Russell Island’s western side, this three-bedroom home occupies a fully fenced 546m² block and is currently rented for $450 per week under a 12-month tenancy.

The home offers an open-plan living and dining area with air conditioning and practical click-lock flooring. A spacious kitchen with an island bench gives the living space a natural gathering point. There are three bedrooms, one bathroom and a separate toilet.

Outside, the covered deck offers a place to relax and enjoy the leafy surroundings. The fenced yard features established gardens and an area for a fire pit, adding to the home’s laid-back island appeal. A double carport provides covered parking, while a garden shed offers extra storage.

For investors, the existing tenancy provides rental income from settlement, subject to the contract and lease arrangements. The owner advises that a rent increase may be possible from January 2027, subject to the tenancy agreement and applicable requirements.

With a tenant in place, a practical layout and inviting outdoor spaces, this western side property is an opportunity to add a Russell Island home to your investment portfolio.