AUCTION – 7TH MARCH 2015 – 10AM AT LENNOX HEAD COMMUNITY CENTRE
The optimal property investment is one that gives the buyer various future options and provides a good return in the meantime. This one ticks those boxes and some as it occupies a premium position in the Lennox Village only 200 metres from Seven Mile beach and the shops and cafes in downtown Lennox Head. The property is on two titles with two tenants generating the income. There is a fitness centre that has operated for many years and the other property is a 3 bedroom house. The beauty of this site in terms of future development is that it has a sealed rear lane which maximizes site usage especially future unit development as it is zoned appropriately.
* Total land area of 1745.2 m2 (each block is 872.6m2)
* Current income of approx. $64,980pa
* Would suit future residential development STCA
* Large parcels of land in this location are a rare find