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2/47B Ballina Street
Lennox Head NSW 2478

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 84m2
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Main Street freehold in tightly held Lennox Head

Your chance to secure a freehold property positioned in the heart of the upbeat commercial precinct of Lennox Head. Commercial freehold is a rarity in Lennox Head with its limited supply, and is well documented for being tightly held by owners.
Positioned in a new building, with an abundance of natural light, complete with lift and onsite parking. The total internal office floor space measures 84sqm, and is complemented by two private balconies, overlooking the bustling village.
Currently tenanted with a great business on a 3yr Lease commenced April 2023 with further option for 3 years. So, if you've been thinking about investing in a premier address, now is the perfect time to make your move.

Property Details for 2/47b Ballina St, Lennox Head

Building Type
Commercial
Floor Size
84m2

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About Lennox Head 2478

The size of Lennox Head is approximately 20.6 square kilometres. It has 14 parks covering nearly 4.5% of total area. The population of Lennox Head in 2011 was 6,146 people. By 2016 the population was 6,411 showing a population growth of 4.3% in the area during that time. The predominant age group in Lennox Head is 50-59 years. Households in Lennox Head are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lennox Head work in a professional occupation. In 2011, 71.9% of the homes in Lennox Head were owner-occupied compared with 74.2% in 2016.

Lennox Head has 4,668 properties. Over the last 5 years, Houses in Lennox Head have seen a 66.23% increase in median value, while Units have seen a 50.28% increase. As at 31 August 2024:

  • The median value for Houses in Lennox Head is $1,585,703 while the median value for Units is $1,076,069.
  • Houses have a median rent of $875 while Units have a median rent of $680.
There are currently 59 properties listed for sale, and 8 properties listed for rent in Lennox head on OnTheHouse. According to CoreLogic's data, 188 properties were sold in the past 12 months in Lennox head.

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Kent Shay
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LJ Hooker Lennox Head
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