FOR SALE
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57 Ballina Street
Lennox Head NSW 2478

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 335m2
Land area: 802m2
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Prime Mixed-Use Investment Opportunity in Lennox Head

Introducing 57 Ballina Street, Lennox Head - a rare and lucrative investment with both commercial and residential components on approx 850m2, delivering excellent rental income from day one.
This standout property features four thriving retail shops fronting Ballina Street, the main artery of Lennox Head's bustling commercial precinct. Positioned to maximize visibility and foot traffic, these shops offer tenants prime exposure in a high-demand area.
At the rear, accessed via Rayner Lane, you'll find two stylish 2-bedroom apartments at 1/9A and 2/9A Rayner Lane. Each apartment is beautifully maintained, boasting open-plan living, and contemporary finishes, split over two levels with multiple living areas, sunny balconies and private courtyards making them highly desirable for long-term tenants or holiday rentals. Both units are currently tenanted, securing additional rental income.
Location Highlights: Lennox Head is a charming coastal town known for its stunning beaches, vibrant community, and relaxed lifestyle. Located just 15 minutes from Ballina and 25 minutes from Byron Bay, Lennox Head is rapidly growing in popularity, drawing in both tourists and locals alike. The property is ideally located within walking distance of world-class surf spots, a block back from the beach, boutique cafes, restaurants, and essential amenities.
Key Property Features:
• Fully tenanted commercial: 4 retail shops with prime street frontage
• 2 x 2-bedroom modern apartments accessed via the prestigious Rayner Lane
• Strong rental returns from all premises
• Positioned in the heart of Lennox Head's commercial and lifestyle hub
• High-demand location, popular with both residents and holidaymakers
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Property Details for 57 Ballina St, Lennox Head

Building Type
Commercial
Floor Size
335m2
Land Size
802m2

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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 4,664 properties. Over the last 5 years, Houses in Lennox Head have seen a 64.45% increase in median value, while Units have seen a 51.16% increase. As at 30 September 2024:

  • The median value for Houses in Lennox Head is $1,566,537 while the median value for Units is $1,079,840.
  • Houses have a median rent of $910 while Units have a median rent of $690.
There are currently 60 properties listed for sale, and 2 properties listed for rent in Lennox head on OnTheHouse. According to CoreLogic's data, 183 properties were sold in the past 12 months in Lennox head.

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Damien Smith
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April Nicolson
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