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
Four contemporary 3-bedroom apartments accessed from Rayner Lane
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