SOLD
Sold on 03 May 2024 for $220,000

16 Lovell Parade
Lamb Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1100m2
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Property Details for 16 Lovell Pde, Lamb Island

16 Lovell Pde, Lamb Island is a 0 bedroom, 0 bathroom House. The property has a land size of 1100m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 0 bedroom House sold in Lamb Island in the last 12 months.

Building Type
House
Land Size
1100m2
Local Government
Redland
Lot/Plan
55/RP127446

Last Listing description (June 2024)

Seldom offered and rarely found we are privileged to offer for sale for the first time in 40 years this tightly held corner property once forming part of the late Fred Fava's residential Estate, comprising a total land area on 1100m2 on two title deeds.
Whether you buy both blocks and enjoy the benefits of planning a spacious dwelling surrounded by lush gardens or purchase one of the allotments and build your retirement home, weekend retreat or land bank for the future the choice is yours. Maybe purchase both allotments and build a home on each one, live in one and rent the other, live in one and the other for a family member, live in one and take advantage of the workshop on the other.

The choices are abundant on the wonderful Lamb Island enclave.

Benefits of the property :

* Possibly the highest point on the island
* Total land area combined lots, 2 titles 1100m2
* Lot 56 ( corner block ) Land area 574m2 List price $145,000
* Lot 55 Land area 526m2 List Price $115,000
* Frontage to Lovell Parade 36.693m
* Frontage to Resthaven Crescent 35.822m
*Town water connected
* Power connected
* Bay and Island views available
* Keenly sought after aspects of North and East
* Considered possibly the best remaining blocks on lamb Island

These prime Lamb Island allotments must now be sold. All reasonable offers considered.

For a land CMA report and further particulars or to discuss your proposed offer please contact Bill Rex on 0418796302 or email billrex@realty.com.au

ABOUT LAMB ISLAND

Lamb Island (Ngudooroo) is the second smallest of the Southern Moreton Bay Islands with excellent fishing, kayaking, sailing and deep water moorings on our doorstep. We have about 500 residents and a small community feel compared to the larger suburban islands Russell and Macleay. Most people come here for peace and quiet. Get your local honey, freshly roasted coffee, organic microgreens, edible mushrooms, organic gardening supplies, local artwork and handmade soap from some of the local small businesses on Lamb.

There are many groups and activities to keep you occupied, from Yoga and Tai Chi classes, community bushcare days, to trivia nights and pool and table tennis competitions at the Rec Club. We have town water (which comes from the aquifer below the great sand island North Stradbroke), electricity, NBN internet, public tennis court, playground, BBQ area and swimming area, off-leash dog park, community garden, free rubbish dump, Lamb Island Recreational Club and a small shop. Eat-in or takeaway meals can be had at the Rec Club or Zacs shop.
Woolworths deliver here every day of the week for a small delivery fee. There are essentials such as schools, post office, pharmacies, medical centres, hardware stores and cafes on the neighbouring islands Macleay and Russell which are a free 5 minute inter-island ferry away. The vehicle barge is $60 each way for residents leaving from Redland Bay, Brisbane. The Island jetties are currently undergoing a major revamp with work on the Lamb jetty already commenced.

We are just a 21 minute Translink passenger ferry to Redland Bay, Brisbane where there is free car parking and the Weinam Creek Development is in the pipeline.

Property History for 16 Lovell Pde, Lamb Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$220,000
03 May 2024
  • 03 May 2024
    Sold for $220,000
  • 07 Apr 2024
    Listed for Sale From $120,000

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About Lamb Island 4184

The size of Lamb Island is approximately 1.4 square kilometres. It has 3 parks covering nearly 7.8% of total area. The population of Lamb Island in 2011 was 426 people. By 2016 the population was 440 showing a population growth of 3.3% in the area during that time. The predominant age group in Lamb Island is 60-69 years. Households in Lamb Island are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lamb Island work in a professional occupation. In 2011, 69.7% of the homes in Lamb Island were owner-occupied compared with 69% in 2016.

Lamb Island has 784 properties. Over the last 5 years, Houses in Lamb Island have seen a 64.38% increase in median value. As at 30 September 2024:

  • The median value for Houses in Lamb Island is $402,761 while the median value for Units is $546,186.
  • Houses have a median rent of $260.
There are currently 42 properties listed for sale, and 2 properties listed for rent in Lamb island on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Lamb island.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.