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47 Gibbon Street

Lennox Head NSW 2478

3
1
2
House
Currently for sale - view listing

Overview

Rare Dual-Access Site with Character and Outstanding Development Potential

Occupying approximately 753sqm in one of Lennox Head's most tightly held central streets, 47 Gibbon Street combines a character-filled coastal home with the scale, access and zoning to support an exciting future. A major advantage is the property's dual access, with frontage to Gibbon Street and direct rear-lane access. This creates excellent flexibility for vehicle access, parking, future construction and the potential design of a duplex, townhouses or multi-dwelling development, subject to council approval. The existing beach shack remains comfortable and liveable, offering buyers the option to move in, lease the property or retain and sympathetically renovate the home. Its relaxed coastal character provides a genuine alternative for those who value the simplicity and charm of original Lennox Head living. For developers, builders and investors, the approximately 753sqm allotment, R3 Medium Density zoning and access from both front and rear combine to create a particularly versatile development opportunity. The existing residence may also provide holding income while plans and approvals are considered. Located within easy reach of Lennox village, Seven Mile Beach, cafés, restaurants, schools and everyday amenities, the property offers immediate lifestyle appeal alongside substantial long-term potential. Property highlights: Approximately 753sqm allotment in central Lennox Head Dual access from Gibbon Street and the rear lane Wide-ranging flexibility for access, parking and future site planning R3 Medium Density zoning with significant redevelopment potential Potential for duplex, townhouse or multi-dwelling development, subject to approval Existing beach shack offering character and coastal charm Comfortable and liveable as presented Opportunity to retain, renovate, lease, rebuild or redevelop Potential holding income while future plans are explored Moments from Lennox village, Seven Mile Beach and local amenities Whether preserved as a classic coastal home or transformed to realise the site's development potential, 47 Gibbon Street represents a rare opportunity to secure a substantial dual-access property in the heart of Lennox Head. All development concepts, alterations and future uses remain subject to Ballina Shire Council and other relevant authority approvals.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
House

Property history for 47 Gibbon Street

2024
Rented
Undisclosed
Leased on 22 Oct 2024 by McGrath Ballina/Lennox Head/Alstonville
2024
Sold
$2,375,000
08 Apr 2024 by Jason Crethar, of McGrath Ballina/Lennox Head/Alstonville

Happy sellers in Lennox Head

76%
76% of sellers in Lennox Head reported that their sale price either exceeded or met their price expectations.

Lennox Head stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Lennox Head over the last 12 months.

Local market activity for 3 bedroom houses in Lennox Head

In the last 12 months, 21 three-bedroom houses similar to 47 Gibbon Street, have been sold.

This represents a 40% increase in three-bedroom houses sales when compared to the previous 12 months.

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