16/7 Park LaneLennox Head NSW 2478
Property Details for 16/7 Park Lane, Lennox Head
16/7 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 88m2. While the property is not currently for sale or for rent, it was last sold in February 2019.
Last Listing description (March 2019)
With an investment having huge potential, 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 'Seabreeze ' section of 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 looks over the magnificent pool complex.
A big bonus it is offered fully furnished with recently updated furniture.
With the fantastic returns being currently achieved by this apartment, it is a great opportunity to secure an investment that is better than money in the bank.
Features
- Highlight Feature: Walk to Beach, schools, Close to Transport, Decking, Dining Room, Tennis Court, Air Conditioned. Restaurant on site.
- Parking: 1 cars
Property History for 16/7 Park Lane, Lennox Head, NSW 2478
- 01 Feb 2019Sold for $390,000
- 31 Jul 2008Listed for Sale $399,000
- 06 Dec 2001Sold for $255,000
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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 4,670 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.
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