Zoned "Local Centre" with the Redland City Council and sitting adjacent to the fast ferry terminal and barge landing ramp, sits this fabulous freehold 1188 square metre parcel of level land being offered for sale by Public Auction - undoubtedly one of the best commercial opportunities on offer on Lamb Island.
The Local Centre Zoned holding is without doubt one of the best development sites available in the archipelago of the Moreton Bay Islands and is crying out for the entrepreneurial investor or owner operator to acquire this site and develop it fulfilling a need in the fast-growing Island paradise of Lamb Island.
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 786 properties. Over the last 5 years, Houses in Lamb Island have seen a 64.21% increase in median value. As at 31 October 2024:
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