140 Canaipa Road, Russell Island
Listing data updated 12 June 2026
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
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Market price guide is $67,000 above RealistIQ estimate
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- Status
- $489,000
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