61 Ballina StreetLennox Head NSW 2478
Property Details for 61 Ballina St, Lennox Head
61 Ballina St, Lennox Head is a 5 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 882m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom House sold in Lennox Head in the last 12 months.
Last Listing description (May 2024)
Investors and developers will immediately recognise the superb beachside positioning, huge land size and excellent future possibilities of this blue-chip real estate offering. Ideally located with high exposure to Lennox Head's main thoroughfare, this substantial 882sqm level allotment has dual street frontage and represents a golden opportunity to secure a prime commercial/residential development site in the heart of the village. The solid two-storey home is perfectly liveable as is and comes complete with DA approved architect designs for a high-exposure commercial space and four luxury residential apartments.
- Zoned 'B2 Local Centre', height limit of 9m allowing up to 3 levels STCA
- Plans provide for the development of a luxury three-storey complex
- A street-front restaurant/cafe with direct frontage onto Ballina Street
- Parking for 12 cars with storerooms and bike storage plus loading bay
- Includes an intercom security entrance and lift access to all three levels
- Each apartment has expansive outdoor areas and entertainment terraces
- Located just a few hundred metres from the sands of Seven Mile Beach
Property History for 61 Ballina St, Lennox Head, NSW 2478
- 01 May 2024Sold for $4,125,000
- 01 Dec 2023Listed for Rent $800 / week
- 29 Nov 2023Listed for Sale Expressions Of Interest
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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.
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