136 Canaipa Point Drive, Russell Island QLD 4184

Absolute waterfront | boat ramp installed | 3 bedrooms, 3 bathrooms | views to North Stradbroke Island This property holds a genuinely rare position on Russell Island, sitting as an absolute waterfront home on a 678 m² lot with direct water access and a boat ramp already in place. The three-bedroom, three-bathroom configuration is substantial for the island, and the panoramic views across Canaipa Passage to North Stradbroke Island place it in a premium niche that most island stock does not occupy. It is best suited to sea-change owner-occupiers, lifestyle buyers prioritising boating and views, or retirees seeking a scenic, low-maintenance waterfront setting with a reasonable walk to local shops and services. The property’s value is most likely influenced by the scarcity of absolute waterfront homes with boat ramps on the island, which may support a premium over inland or non-waterfront houses. The finish level and building age are not confirmed from available information, so a buyer should weigh the potential for older construction or the need for updates when forming a view on price. Island access constraints and ferry dependence are general factors that might affect resale demand, but the direct water access and views are strong compensating advantages for the right buyer.