Blue Chip Lennox Head

Lots 7, 8, 9 & 10 / 90-92 Ballina Street, LENNOX HEAD NSW 2478

Sold

North Coast Commercial Real Estate is pleased to present to market proposed lots 7, 8, 9 & 10 at 90-92 Ballina Street Lennox Head.

This is a rare opportunity for the investor and or business operator to acquire a strategic commercial holding in the booming coastal village of Lennox Head.
The offering is four proposed strata titled lots comprising eight tenancies to be sold in one line, individually or any combination thereof.
Situated in the heart of the village with views over the famous Seven Mile Beach, this property is sure to impress with a strong, diverse tenancy mix.
The property has ample on site parking for tenancies and customers.
Only 20 minutes to Byron Bay and 15 minutes to the Ballina Byron Gateway Airport, this may be your only chance to purchase such Blue Chip property in the tightly held commercial strip of Lennox Head.

Total Property:
Tenants x 8; Quattro, Lex Thai, Lennox Post, Lennox Osteo, Penny Lane, White Wood, Inner Beauty, Headroom
Area: 867.2sqm* (Alfresco 216sqm*)
Income 2021: $413,617 + GST/Annum
Income 2022: $430,101 + GST/Annum
Allocated Carparks: 10 = 145.7sqm*

Proposed Lots:

Lot 7:
Area: 177.7sqm* (Alfresco 72sqm*)
Income 2021: $104,000 + GST/Annum
Income 2022: $106,600 + GST/Annum
Allocated Carparks: 2 = 29.1sqm*

Lot 8:
Area: 170.7sqm* (Alfresco 69sqm*)
Income 2021: $100,700 + GST/Annum
Income 2022: $102,500 + GST/Annum
Allocated Carparks: 2 = 29.3sqm*

Lot 9:
Area: 210.8sqm* (Alfresco 43sqm*)
Income 2021: $95,767 + GST/Annum
Income 2022: $100,741 + GST/Annum
Allocated Carparks: 3 = 43.9sqm*

Lot 10:
Area: 308sqm* (Alfresco 35sqm*)
Income 2021: $113,150 + GST/Annum
Income 2022: $120,260 + GST/Annum
Allocated Carparks: 3 = 43.4sqm*

North Coast Commercial Real Estate is proud to have been given the opportunity to market the property and would encourage your consideration of these excellent premises.

For further information or to arrange an inspection, contact Chris Harley on 0412 758 830.

* Approximate

Property Features
  • Retail
  • Land is 1,012.90 m²
  • 10 Car Spaces
Commercial Features
Zone

B2: Local Centre

Real Estate Agent
Chris Harley
Chris Harley
Director
0412 758 830