OFF MARKET

2/7 Park Lane
Lennox Head NSW 2478

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 81m2
Land area: 163m2
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Property Details for 2/7 Park Lane, Lennox Head

2/7 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 163m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
2000
Floor Size
81m2
Land Size
163m2
Local Government
Ballina
Lot/Plan
2/SP62832

Last Listing description (March 2022)

A superb location just around the corner from Seven Mile Beach is the unbeatable holiday setting for this fresh and bright two-bedroom apartment, where just footsteps from the front door you can grab a coffee, do some shopping or take a dip in the ocean. Featuring light and airy interiors, generous proportions and a full list of inclusions, it promises a prime prospect for investors looking for value for money and great holiday rental rewards.

- Part of the Lennox Beach Resort with full use of on-site amenities
- Guests have access to a tennis court, BBQ, pool areas and restaurant

- One of only two units in the complex that is wheelchair accessible
- A private and protected balcony that captures a leafy garden outlook
- Well-appointed modern kitchen with great storage and dishwasher
- Two bedrooms include a main with ensuite and balcony access
- Air-conditioning, ceiling fans and on-site parking for residents
- An easy level walk to Lennox Head's village shops, dining and cafes
- A premium investment, fully furnished and ready for leasing

Strata Levies: $3,539.25 per quarter
Council Rates: $1,897.96 per annum

*Please note, this property cannot be lived in permanently & pets are not permitted.

Property History for 2/7 Park Lane, Lennox Head, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$700,000
25 Feb 2022
  • 25 Feb 2022
    Sold for $700,000
  • 01 Feb 2022
    Listed for Sale $675,000 - $725,000
  • 06 Mar 2007
    Sold for $415,000
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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 4,668 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.