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8 Prospect Street, Russell, Far North

Two homes, one incredible opportunity

dollar

Tender

House
House
Bedroom
4
Bathroom
3
Land area
1675m2
Title type
Freehold
Garage
6
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Tender

Thursday
4:00pm
19
Feb

Property details

Listing # 1004898 | Listed on 28 November

Nestled in the heart of Russell, this exceptional property offers not just one, but two complete homes on a single title – each with its own character, generous proportions, and breathtaking sea views. With space, versatility and undeniable charm, it’s the kind of property that rarely comes to market.

Perfectly suited for intergenerational living, a home-and-income setup, or a savvy investment opportunity, this unique offering allows you to live in one residence and rent out the other, maximising both lifestyle and return from day one.

The Top House:

Commanding an elevated position above the township, the top residence captures sweeping views over Russell and the harbour beyond. A spacious open-plan kitchen, dining and lounge area forms the true heart of the home - light-filled, inviting, and designed for gathering. The layout flows effortlessly to multiple outdoor entertaining areas, creating a seamless indoor–outdoor experience that makes hosting a joy. Whether enjoying relaxed family dinners or celebrating with friends, the space easily accommodates larger groups, with the current owners having comfortably hosted up to 30 people. The front deck is perfect for soaking up the sun and the views, while the sheltered portico provides an intimate setting for year-round meals and celebrations.

The master suite includes a walk-in wardrobe, spa bath and a beautifully appointed ensuite - a private retreat to unwind and take in the serenity. A guest bedroom, second bathroom, home office nook, laundry alcove, and a convenient water lift add both comfort and practicality.

The Second Dwelling:

Sitting just below the main home, the second home enjoys its own private entrance and equally captivating views. With two bedrooms, a study currently used as a third bedroom, and an open-plan living area and family bathroom, it’s ideal for guests, extended family, or tenants.

Adding to the appeal, a substantial six-car garage provides exceptional parking and storage space - a rare luxury in central Russell.
Set approximately 280 metres from the waterfront and boat ramp, this location offers the very best of Bay of Islands living. Enjoy leisurely strolls along the promenade, evenings dining at the Duke, and a welcoming community atmosphere that feels like home the moment you arrive.

Opportunities like this are few and far between - offering flexibility, income potential, and an enviable coastal lifestyle all in one. Don’t delay - contact me today to arrange your private viewing.

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Additional features

Style: Contemporary
Roofing: Tile
Lot Features: Landscaped Garden, ROW, Sloping, Street Frontage

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