10 Phoenix Street

Listing Price: $589,000 Spacious Family Home on the Prestigious Canaipa Peninsula Positioned on the beautiful Canaipa Peninsula, one of Russell Island's most desirable locations, this spacious two-storey home offers the perfect blend of comfort, flexibility and relaxed island living. Surrounded by the tranquil waters of Canaipa Passage, you'll enjoy a peaceful setting with the northern waterfront just approximately 300 metres away and the southern waterfront even closer. Offering generous living across two levels, established gardens and water glimpses towards North Stradbroke Island, this is a home designed to embrace the very best of island living while remaining only approximately 2km from the ferry terminal, shopping centre and local amenities. Whether you're searching for a family home, a peaceful retirement retreat, a holiday getaway or a quality investment, this property offers outstanding value in one of the island's most sought-after locations. Property Features Three spacious bedrooms Two well-appointed bathrooms Spacious open-plan kitchen, dining and living area Air conditioning to the living area and two bedrooms Downstairs living area with excellent dual living potential Kitchenette downstairs Additional downstairs toilet ready for completion Large storage area ideal for a workshop, home gym or hobby space Established gardens with mature trees and charming aviaries Generous 668m² allotment Water glimpses towards North Stradbroke Island Approximately 300 metres to the northern waterfront Approximately 2km to the ferry terminal, shopping centre and local amenities Investment Opportunity Estimated rental return of approximately $450 per week Strong rental demand Excellent long-term investment potential Ideal as a permanent residence, holiday home or investment property Why Russell Island? Just 20 minutes by passenger ferry to Redland Bay Easy access to Brisbane and the Gold Coast Fantastic boating, fishing and water sports Beautiful natural surroundings with a relaxed island lifestyle The Island Life Difference Jetty pick-ups available Property inspections and island tours Area maps and local knowledge FaceTime and virtual inspections available Trusted Local Experts Locals for Locals Rhys Franz 0482 171 300 Russell Island Agent of the Year 2025 Simon Gordon 0448 884 625 Office 07 3409 2288 www.islandlife.au Small Residential Agency of the Year Finalist 2025 Contribution to Community Award Finalist 2025 REIQ Accredited Agency Trusted Local Experts Disclaimer Whilst every effort has been made to ensure the accuracy of this information, interested parties should make their own enquiries. Images, floor plans and marketing material may include virtual staging, AI enhancements or digital editing for marketing purposes and should not be relied upon as an exact representation of the property.