3 Paula Parade, Lamb IslandQLD 4184

House · 3 bed · 1 bath · 1 car · 531 m²

PRICE DROP - Now only $398,000!

Listing detail

3 Paula Parade, Lamb Island — photo 1 of 5
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3 Paula Parade, Lamb Island

Listing data updated 12 June 2026

3 bed1 bath1 car531 m² land

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 three‑bedroom 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 timber‑look flooring, soft natural tones and leafy outlooks from every angle. Three well‑sized bedrooms provide flexibility for families, guests or a home office, while the bathroom and laundry are both clean, practical and well‑maintained. 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

RealistIQ deal score

Good value signal

69

/100

Review the estimated value range, comparable sales, suburb trends, and market signals for 3 Paula Parade, Lamb Island before you inspect or make an offer.

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Estimate vs market price guide

Market price guide is $90,000 below RealistIQ estimate

Use this as a second opinion and check the comparable sales below.

RealistIQ estimate range: $364,000 - $611,000Wider ranges mean more uncertainty.
RealistIQ estimate$488,000
Market price guide$398,000
$364,000$611,000

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Property features

Features detected from the listing details.

Kitchen & utilities

Internal laundryGas

Outdoor & building

Garden / courtyardBalcony / deckShed

Lifestyle & views

Study

Listing details

Status
PRICE DROP - Now only $398,000!

Agent and agency

Contact

Brian Scaysbrook

Agency

Russell Island Real Estate

External listing
larger land

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