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3 Paula Parade, Lamb Island$398,000
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For Salehouse

3 Paula Parade

Lamb Island, QLD 4184, Australia
$398,000
3 bed 1 bath 1 car531 m²

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About this property

Space, privacy, and effortless comfort can be found in this leafy island retreat with built-in rental income Currently tenanted at $280 per week, this property presents an excellent investment opportunity. A lease is in place until February 2028, providing immediate rental income and long-term peace of mind for investors. Tucked among lush tropical gardens and surrounded by peaceful greenery, this charming threebedroom home offers the relaxed island lifestyle buyers dream of. Warm, welcoming and full of natural light, it blends cosy interiors with generous outdoor living spaces the perfect hideaway for those seeking tranquillity, space and a home that simply feels good to be in. Set on a beautifully established block, the home features an inviting front verandah, a private rear patio, and a bright, functional layout that flows easily from room to room. Whether you're enjoying a quiet morning coffee overlooking the gardens, hosting friends on the deck, or unwinding in the comfortable living areas, this home delivers a sense of calm that's hard to find. Inside, the kitchen is a standout fresh, tidy and filled with natural light, with lovely garden views from the window. The adjoining dining and living spaces feel warm and homely, with timberlook flooring, soft natural tones and leafy outlooks from every angle. Three wellsized bedrooms provide flexibility for families, guests or a home office, while the bathroom and laundry are both clean, practical and wellmaintained. Outside, the gardens are a true highlight vibrant, private and full of colour, with established trees, flowering plants and plenty of lawn for pets or pottering. With two patios, a large attached shed, and an additional freestanding shed, there's no shortage of storage or workshop space. This is the kind of home that instantly feels comfortable a peaceful retreat with character, privacy and room to breathe, all just minutes from the ferry, shops and the relaxed community vibe Lamb Island is known for. Contact Brian Scaysbrook on 0417 696 447 to book your appointment to view! Please note that a minimum of 48 hours' notice is required for all inspections. Key Features - Three comfortable bedrooms, each with natural light and garden outlooks - Bright, tidy kitchen with gas cooking and a beautiful leafy view - Open dining and living areas with easy flow and warm, homely character - Separate laundry with external access - Front verandah plus a private rear patio perfect for outdoor living - Lush, established gardens with vibrant greenery and flowering plants - Large attached storage plus additional freestanding shed - Elevated home with great airflow and a peaceful, private setting - Quiet street in a friendly island community 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: 3732

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
1
Land Area
531 m²
Listed
3 months ago

Repayment calculator

$1,929/month
$965 /fortnight
Loan $318,400 at 6.10% over 30 years

Upfront costs

Deposit$79,600
Stamp duty$12,355
Conveyancing (est.)$2,000
Total upfront$93,955
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Lamb Island

This 3-bedroom house in Lamb Island, QLD 4184 sits within reach of public transport, local shops local amenities. It is listed 7% below the $429,000 median of 70 comparable houseswithin 5 km.

What's nearby

  • Lamb Island (ferry)824 m away
  • Bottler Bottle Shop1.4 km away
  • Ian Ward Park620 m away
  • Corroboree Park954 m away
  • Unnamed1.0 km away

Lamb Island at a glance

Full suburb profile
Population
504
Median age
63
Household income
$667/wk
Median rent
$240/wk
Median mortgage
$874/mo

Source: ABS Census.

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