FOR SALE
Expressions of Interest

98 Ballina Street
Lennox Head NSW 2478

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Land area: 560m2
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Once-in-a-Lifetime Opportunity Awaits!

Embrace the chance to own a piece of paradise in the heart of Lennox Head with this extraordinary corner site at 98 Ballina Street. Boasting a generous 560 square meters of prime land, this property is the epitome of opportunity and potential being situated strategically between the booming towns of Byron Bay & Ballina.
• Golden Mile Location: Nestled in the heart of the vibrant Lennox Head commercial precinct, this property enjoys a coveted position on the golden mile. Surrounded by bustling businesses and just meters away from the stunning coastline, this property is situated in an unrivalled location.
• Income & Flexibility: The ground floor is currently home to two successful commercial tenancies that provide a steady holding income. Plus, above lies a spacious 3-bedroom residential accommodation, providing endless possibilities for living, working, or even renting out.
• Ideal Development Site: Zoned E1 Local Centre, this property is a developer's dream with a maximum 9 meter building height. Unlock its full potential by creating a modern mixed-use complex, boutique apartments, or a dynamic live-work space that caters to the demands of the ever-growing market (subject to Council approval).
• Investment Brilliance: Whether you're a seasoned investor, savvy entrepreneur or developer, 98 Ballina Street promises unmatched opportunity. The combination of a booming commercial precinct, the allure of coastal living, and the potential for substantial capital growth make this an unmissable investment opportunity.
Don't miss out on this rare gem. Arrange your inspection today, and prepare to be captivated by the endless possibilities that await you at 98 Ballina Street Lennox Head.
This property is for sale by Expressions of Interest. For further information or to arrange your inspection, contact Nathan Donnelly at North Coast Lifestyle Properties on 0421942630

Property Details for 98 Ballina St, Lennox Head

98 Ballina St, Lennox Head is a 3 bedroom, 3 bathroom Flat. The property has a land size of 560m2. The place is currently for sale with North Coast Lifestyle Properties.

Building Type
Flat
Land Size
560m2

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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, 180 properties were sold in the past 12 months in Lennox head.

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Nathan Donnelly
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