140 Canaipa Road, Russell IslandQLD 4184

House · 2 bed · 1 bath · 1 car · 622 m²

$489,000

Listing detail

140 Canaipa Road, Russell Island — photo 1 of 5
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140 Canaipa Road, Russell Island

Listing data updated 12 June 2026

2 bed1 bath1 car622 m² land

Charming Island Cottage on Canaipa Road Discover your ideal island escape, perfectly suited for relaxed living, a holiday home, or a smart investment opportunity. Property Highlights: • Two spacious bedrooms – Comfortable and inviting • One well-appointed bathroom – Functional and modern • Open-plan kitchen and dining – Ideal for everyday living and entertaining • Covered verandah – Enjoy the island breeze year-round • Generous 622m² block – Larger than most, fully fenced and low maintenance Investment Potential Estimated rental return of approximately $440 per week (subject to market conditions). Location Highlights • Concrete pathway all the way into town – perfect for walking or riding • Short drive to Super IGA, State School & local amenities • Short drive to cafés, clubs, parks & swimming pool • Easy access to ferry terminal for mainland commuting Why Russell Island? Russell Island is the largest of the Southern Moreton Bay Islands, offering a unique balance of lifestyle and accessibility with a 20-minute passenger ferry to Redland Bay Marina. • Boating & fishing lifestyle • Relaxed coastal living • Strong investment appeal • Growing commuter market • Affordable entry point compared to mainland property The Island Life Difference • Jetty pick-ups available for inspections • Private property tours & local area insights • FaceTime and virtual inspections available Trusted Local Experts – Locals for Locals Contact Our Team 📲 Rhys Franz – 0482 171 300 🏆 Russell Island Agent of the Year 2025 📲 Simon Gordon – 0448 884 625 ☎ Office – 07 3409 2288 🌐 Island Life Property Sales & Rentals 🏆 Small Residential Agency of the Year – Finalist 2025 🏆 Contribution to Community Award – Finalist 2025 🏆 REIQ Accredited Agency Disclaimer: While every effort has been made to ensure accuracy, prospective purchasers are encouraged to verify all information independently. A Seller Disclosure (Form 2) will be provided prior to contract.

RealistIQ deal score

Neutral value signal

12

/100

Review the estimated value range, comparable sales, suburb trends, and market signals for 140 Canaipa Road, Russell Island before you inspect or make an offer.

Independent price check

Estimate vs market price guide

Market price guide is $67,000 above RealistIQ estimate

Use this as a second opinion and check the comparable sales below.

RealistIQ estimate range: $315,000 - $528,000Wider ranges mean more uncertainty.
RealistIQ estimate$422,000
Market price guide$489,000
$315,000$528,000

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Property features

Features detected from the listing details.

Outdoor & building

Swimming poolFully fencedBalcony / deck

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Listing details

Status
$489,000

Agent and agency

Contact

Rhys Franz

Agency

Island Life Property Sales & Rentals - RUSSELL ISLAND

External listing
larger land

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