3 Gay Terrace,, Russell IslandQLD 4184

House · 2 bed · 1 bath · 577 m²

OFFERS OVER $200K

Listing detail

3 Gay Terrace,, Russell Island — photo 1 of 5
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3 Gay Terrace,, Russell Island

Listing data updated 12 June 2026

2 bed1 bath0 car577 m² land
  • Okay, lets keep this simple- you are buying as is, where is Its going to be up to you to finish it off and while there are loads of things already in place or included with the home, you are still going to need to spend money Chances are you will not get finance due to buying incomplete so you will need to be a cash buyer *****DO YOUR OWN DUE DILGENCE but our advice, after speaking to experienced builders we know you will at least need to: *Get your Owner builder licence- it is an online course for under $200 or engage a builder *Engage a certifier who certifies this type of construction *Submit plans for building approval- there are already plans and a form 15 *Get a septic and waste water plan. Install Plumbing and septic as per approved plans- you will need to buy a septic system and arrange installation. *Connect services *Finish off items as per Form 15, get a form 17 from the certifier *Then get your form 21- certificate of occupancy- from council and away you go Deceptively spacious this 2 bedroom home is the perfect Island hideaway. You could sit out the front and watch the neighbors go by except there aren't any so wait for the wildlife instead. Quiet, peaceful area almost no traffic. Fabulous location just minutes to shopping village and Ferry! Features include: * Hot water system, plumbing and electrical is pre installed, you will need to connect to main services * Modern kitchen with appliances * Bathroom with spacious shower, toilet and hand basin * Queen size master bedroom with walk in robe * Second bed or study * Internal separate laundry * Double glazed windows * Front deck with railings *Solar panels partially installed *Battery available for you to install Russell Island is part of Redland City, Queensland and the largest of the Southern Moreton Bay Islands. It has a length of 8 kilometres and width of nearly 3 kilometres and is situated between North Stradbroke Island and the mainland. Home to evocatively named landmarks such as Kinbbinkibbinwa Point, Ooncooncoo Bay and the Whistling Kite Wetlands, Russell (Canaipa) has a rich history; originally inhabited by indigenous residents later lime burners, timber getters, oystermen and sugar, fruit and cotton farmers of yesteryear called the island home. We now have a range of facilities and services that include RSL and Bowls Club, a shopping centre that includes a Supa IGA, post office, cafe and pharmacy. We also have a police station, ambulance centre, public swimming pool, primary school, child care centre, hardware store, petrol station, vet, pet store, and several great cafes. There is also a medical centre and pathology collection centre. The waters around the Southern Moreton Bay Islands are a great attraction for boaties of every type, canoeists and fisherman. For tourists, trip advisor suggests that visitors enjoy our beautiful sunrises and sunsets from our coastline or parks, the biking and walking trails. We also have a number of Galleries, markets scheduled on a regular basis and swimming pool. weekendnotes.com lists Russell island as number 4 in the top places to Kayak in Brisbane All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.

RealistIQ deal score

Strong value signal

91

/100

Review the estimated value range, comparable sales, suburb trends, and market signals for 3 Gay Terrace,, Russell Island before you inspect or make an offer.

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Estimate vs market price guide

Market price guide is 20%+ below RealistIQ estimate

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

RealistIQ estimate range: $214,000 - $359,000Wider ranges mean more uncertainty.
RealistIQ estimate$286,000
Market price guide$200,000
$214,000$359,000

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Property features

Features detected from the listing details.

Comfort

Built-in wardrobes

Kitchen & utilities

Internal laundrySolar panels

Outdoor & building

Swimming poolBalcony / deck

Lifestyle & views

Study

Listing details

Status
OFFERS OVER $200K

Agent and agency

Contact

Sue Bloomfield

Agency

Property Centre SMBI - RUSSELL ISLAND

External listing
larger land

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