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Introducing 57 Ballina Street, Lennox Head - a rare and lucrative investment with both commercial and residential components on approx 802m2, delivering excellent rental income from day one.
This standout property features four thriving retail shops fronting Ballina Street, the main artery of Lennox Head's bustling commercial precinct. Positioned to maximize visibility and foot traffic, these shops offer tenants prime exposure in a high-demand area.
At the rear, accessed via Rayner Lane, you'll find two stylish 2-bedroom apartments at 1/9A and 2/9A Rayner Lane. Each apartment is beautifully maintained, boasting open-plan living, and contemporary finishes, split over two levels with multiple living areas, sunny balconies and private courtyards making them highly desirable for long-term tenants or holiday rentals. Both units are currently tenanted, securing additional rental income.
Location Highlights: Lennox Head is a charming coastal town known for its stunning beaches, vibrant community, and relaxed lifestyle. Located just 15 minutes from Ballina and 25 minutes from Byron Bay, Lennox Head is rapidly growing in popularity, drawing in both tourists and locals alike. The property is ideally located within walking distance of world-class surf spots, a block back from the beach, boutique cafes, restaurants, and essential amenities.
Key Property Features:
? Fully tenanted commercial: 4 retail shops with prime street frontage
? 2 x 2-bedroom modern apartments accessed via the prestigious Rayner Lane
? Strong rental returns from all premises
? Positioned in the heart of Lennox Head's commercial and lifestyle hub
? High-demand location, popular with both residents and holidaymakers
? Strong future capital growth potential in a rapidly expanding coastal town
This is a unique opportunity to secure a high-yield investment in the thriving Lennox Head market, with the security of immediate rental income and long-term growth potential.
Don't miss your chance to own this prime piece of Lennox Head real estate.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.19 km | 2 | 1 | -m2 | Year 2025 Month 01 Day 21 | $1,150,000 | Council approved | |
 | 0.42 km | 3 | 1 | -m2 | Year 2024 Month 12 Day 15 | $2,100,000 | Council approved | |
 | 0.08 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 30 | - | Council approved | |
 | 0.52 km | 3 | 2 | -m2 | Year 2024 Month 09 Day 23 | $1,610,000 | Council approved | |
 | 0.18 km | 2 | 1 | -m2 | Year 2024 Month 09 Day 19 | - | Council approved |