8 Prospect Street, Russell, Far North

Dual living, one incredible opportunity

Nestled in the heart of Russell, this exceptional residence is a single, consented dual-living home designed with versatility, space, and breathtaking sea views. With two fully self-contained levels - each with its own entrance, kitchen, living spaces, and outdoor areas - it offers the rare flexibility to comfortably accommodate extended family, provide a home-and-income opportunity, or simply create generous guest accommodation while retaining privacy on both levels.

Perfectly suited for intergenerational living or a thoughtful investment setup, this unique configuration allows you to enjoy the main level while renting out the self-contained lower level, maximising both lifestyle and return from day one.

The Upper Level:

Commanding an elevated position above the township, the upper level captures sweeping views over Russell and the harbour beyond. A spacious open-plan kitchen, dining, and lounge area forms the heart of the home - light-filled, inviting, and beautifully designed for connection. The layout flows effortlessly to multiple outdoor entertaining areas, creating seamless indoor-outdoor living that makes hosting a joy. From relaxed family dinners to lively gatherings with friends, the space easily accommodates larger groups; the current owners have comfortably hosted up to 30 guests. The front deck is ideal for soaking up sunshine and sea views, while the sheltered portico offers an intimate, all-season outdoor dining spot.

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

The Lower Level:

Positioned just below the main living area, the self-contained lower level has its own private entrance and enjoys equally captivating views. With two bedrooms, a study currently used as a third bedroom, an open-plan living area, full kitchen, and a family bathroom, it's perfect for visiting friends and family, long-term guests, or tenants seeking privacy and independence.

Additional Features:

A substantial six-car garage provides exceptional parking and storage - an outstanding asset 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 warm 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. Contact me today to arrange your private viewing