OFF MARKET

15/7 Park Lane
Lennox Head NSW 2478

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 122m2
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Property Details for 15/7 Park Lane, Lennox Head

15/7 Park Lane, Lennox Head is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 122m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
2000
Floor Size
85m2
Land Size
122m2
Local Government
Ballina
Lot/Plan
15/SP62832

Last Listing description (May 2019)

On offer is a high quality 2 bedroom / 2 bathroom apartment in downtown Lennox Head located right next to the shopping centre and a short walk to the beach. Showing excellent rental returns this apartment is ideal for those wanting an investment they too can holiday in.
Located in the Lennox Beach Resort, the open plan beachside apartment is a must to inspect. The main bedroom has a king size bed with ensuite and walk in robe and a very comfortable second bedroom with built in robe. The second bathroom is large with bath and separate shower. The apartment has a security garage space, an internal laundry plus spacious living areas and full sized kitchen. The large North East facing balcony has a spa and looks over the magnificent pool complex.
A big bonus it is offered fully furnished and tastefully decorated.

The beauty of this investment is that you can enjoy it too. Imagine popping in for a break, enjoying the newly renovated heated pool complex. Relax in the hot Jacuzzi or steam room, wander down to the beach or enjoy the beautiful restaurants and cafes that Lennox has to offer. It's all so close.
With the fantastic returns being currently achieved by this apartment, it is a great opportunity to secure an investment that will work for you.
Features:
-Highlight Feature: Lap pool, lagoon pool, jacuzzi and steam room. Restaurant and Tennis Court on site. Walk to Beach and village. Close to Transport.
-Parking: 1 cars

Property History for 15/7 Park Lane, Lennox Head, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$410,000
16 May 2019
  • 16 May 2019
    Sold for $410,000
  • 08 May 2019
    Listed for Sale $445,000
  • 04 May 2011
    Listed for Sale $ 399,000
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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 4,672 properties. Over the last 5 years, Houses in Lennox Head have seen a 68.85% increase in median value, while Units have seen a 50.53% increase. As at 31 October 2024:

  • The median value for Houses in Lennox Head is $1,571,412 while the median value for Units is $1,084,716.
  • Houses have a median rent of $920 while Units have a median rent of $680.
There are currently 58 properties listed for sale, and 3 properties listed for rent in Lennox head on OnTheHouse. According to CoreLogic's data, 189 properties were sold in the past 12 months in Lennox head.

Suburb Insights for Lennox Head 2478

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.