NewsBite

Lamb House at Kangaroo Point listed for sale by Brisbane council

The historic Brisbane home Lamb House is set to go under the hammer after a lengthy battle between the owner and city council.

How to buy your first home

One of Brisbane’s most historic riverside properties has been listed for sale after a lengthy battle between the owner and council over poor maintenance and rates bills.

Lamb House, on prime real estate looking over the CBD at Kangaroo Point, has belonged to the one family for three generations and was heritage listed in the 1990s.

Council has now listed the decaying property for sale reportedly against the wishes of the owner Joy Lamb, who moved out in 2015 after a second-floor bathroom collapsed.

‘Home’ had been in the family of Mrs Lamb’s deceased husband for generations but now the property has deteriorated and become a palace for squatters, with graffiti, collapsed ceilings, holes in the walls, and paint-peeled walls throughout.

Council handed Mrs Lamb a notice of intention to sell last year but Mrs Lamb told the ABC she had no idea of the impending sale until she was informed it had been advertised on Friday.

The land alone was valued at more than $6m by the state government in 2019, and is protected from development under a temporary order along with it’s heritage-listing.

The mansion is estimated to be worth more than $10m and Lamb previously informed a court she planned to get a $2m reverse mortgage to pay off her debts and fund around $100,000 worth of repairs.

Mrs Lamb said she was consulting with her lawyers in light of this development and has described it as “the real estate fraud of the century”.

Original URL: https://www.couriermail.com.au/news/queensland/lamb-house-at-kangaroo-point-listed-for-sale-by-brisbane-council/news-story/ae140fc05c8ee9594bde8c3b1f36d836