OFF MARKET

23 Nectar Street
Lamb Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 630m2
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Last updated 11 Nov 2024
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Property Details for 23 Nectar St, Lamb Island

23 Nectar St, Lamb Island is a 0 bedroom, 0 bathroom House. The property has a land size of 630m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Land Size
630m2
Local Government
Redland
Lot/Plan
59/RP131565

Last Listing description (August 2024)

Welcome to 23 Nectar Street, where opportunity meets serenity in this idyllic setting. Situated on an above-average land parcel of 630m2, this property boasts everything you need to embark on your dream home build journey.

With Building Approval already secured for a spacious 2-bed, 2-bath single-level home complete with a garage, the groundwork has been laid for you to bring the vision to life. The current owner has invested significantly, sparing no expense to ensure a seamless transition for the next fortunate owner.

A considerable investment of $27,000 has been made in essential preparations, including tree clearing, excavation, surveying, soil testing, water connection, and meter installation. Detailed house and drainage designs, along with engineering and energy rating assessments, are readily available, streamlining the building process.

Notably, all galvanized steel adjustable foundation posts have been meticulously positioned, awaiting concrete to solidify their place. Council applications have been diligently handled, alleviating administrative burdens.

Nestled in a peaceful and elevated position above the tarsealed road, the property offers uninterrupted views of conservation land opposite and adjacent, promising a tranquil forested backdrop for your architectural masterpiece. With no immediate neighbours, privacy and serenity are assured, creating an ideal environment for relaxation and rejuvenation.

For those ready to take the reins and embark on a construction adventure, this property presents an unparalleled opportunity. With an estimated build cost of $210,000, including labour, the potential return on investment is compelling. Upon completion, the property is poised to command a minimum value of $420,000+, ensuring both financial and lifestyle rewards.

For further information, access to documentation, or to schedule a viewing, please contact Kat Gawlik, resident agent, at 0497 887 953. Conveniently located within walking distance of the ferry terminal, accessing this picturesque destination is effortless. Simply head to Lavender Street, enjoy a leisurely stroll past the Lamb Island Dam water feature, and arrive at your future oasis in just 8 minutes. Don't miss your chance to transform this canvas into your dream home seize the opportunity today.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained here is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or mis-statements contained in this document. Prospective purchasers should make their own enquiries to verify the information contained here.

Property Code: 2705

Property History for 23 Nectar St, Lamb Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$40,000
08 Jun 2021
  • 15 Mar 2024
    Listed for Sale $98,000 incl building permit + water connection
  • 08 Jun 2021
    Sold for $40,000
  • 26 May 2021
    Listed for Sale $40,000
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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 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:

  • The median value for Houses in Lamb Island is $402,447 while the median value for Units is $524,086.
  • Houses have a median rent of $260.
There are currently 41 properties listed for sale, and 2 properties listed for rent in Lamb island on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Lamb island.

Suburb Insights for Lamb Island 4184

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Disclaimer
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.