Russell Island at a glance
5,468
People
$187,500
Median sale
$464/wk
Median rent
12.87%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
QLD › Russell Island › Sandra St
$550,000
For sale
Asking
1
Bedrooms
2
Bathrooms
8
Car spaces
850 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$550,000
Asking · $647/m² of land
No recorded sale for this property.
Russell Island at a glance
5,468
People
$187,500
Median sale
$464/wk
Median rent
12.87%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Vs Russell Island
+193.3%
Median sale
Suburb $187,500
-8.48 pp
Gross yield
Suburb 12.87%
Suburb median $187,500 from 86 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$23,446 on top of the price (4.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Russell Island's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $464/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 4.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Russell Island at a glance
5,468
People
$187,500
Median sale
$464/wk
Median rent
12.87%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Redlands Coast RealtyPositioned in the heart of Russell Island's growing industrial and community precinct, this is a rare opportunity to secure a freehold Low Impact Industry property with purpose-built commercial improvements, established infrastructure and excellent income potential.
Set on a generous 850m² allotment, the property was previously home to the popular Geta Sushi, a favourite healthy dining option for Russell Island's 5,000+ residents. The front building has been approved and professionally fitted out for food manufacturing, featuring 3 phase power, stainless steel preparation benches and a heavy-duty grease trap, providing an outstanding turnkey setup for a café, takeaway, catering business, commercial kitchen or food production operation.
Both the front commercial premises and the rear warehouse are now vacant, giving the new owner complete flexibility to lease both buildings, occupy one while leasing the other, or establish their own business on site.
A current rental appraisal estimates the front food premises at approximately $350 per week, while the separate rear warehouse/workshop has an estimated rental return of $250–$300 per week, offering a combined potential income of around $600–$650 per week.
The separate rear building comprises 81m² of warehouse/manufacturing/storage space complete with its own toilet and basin facilities, truck access and parking, plus a useful mezzanine loft, providing valuable additional floor space for storage, office use or workshop activities.
Property features include:
• 850m² Low Impact Industry zoned land
• Approved food manufacturing premises
• 3 phase power
• Stainless steel preparation benches
• Heavy-duty grease trap
• Separate 81m² warehouse/workshop
• Toilet and basin to rear building
• Approved 8 onsite car parking spaces
• Truck parking and easy access
• Outdoor seating area
• Disabled access toilet facilities
• Two separate commercial buildings offering flexible leasing opportunities
Russell Island continues to experience strong population growth, now home to more than 5,000 residents, with the Southern Moreton Bay Islands collectively exceeding 10,000 residents. As the community expands, demand for local businesses, trades, manufacturing and commercial services continues to grow.
Ideally located in Russell Island's established commercial and industrial precinct, the property is close to Russell Island State School, sports fields, the community hub, RICArts Gallery, community gardens, regular markets, Mitre 10, fuel station, landscaping and hardware suppliers, with the IGA Shopping Centre and passenger ferry terminal approximately 1 kilometre away.
Whether you're looking to establish your own business, lease both buildings for a solid investment return, or occupy one and generate income from the other, opportunities like this are exceptionally hard to find on Russell Island.
$550,000
For further information or to arrange an inspection, contact:
Kat Gawlik
Redlands Coast Realty
0497 887 953
Property Code: 3413
Listing description written by Kat Gawlik, Redlands Coast Realty — reproduced as published, not verified by Districts.