LOCAL PROPERTY NEWS
Lennox Rise frenzy
Buyers have clambered for one of the newly released 12 vacant blocks in the Lennox Rise estate at Lennox Head. There were 74 registrations within the first minute of the online sales queue opening to the public last Wednesday, says selling agent Braden Walters of Belle Property. A total of 120 registrations of interest to buy had been received as of Monday this week. Those first in the queue will have the first opportunity to snap up of the blocks on the old Henderson Farm, which range in size from 600 sq m to 1015 sqm and are priced from $585,000 to $950,000.
Lennox Pub changes hands
Still in Lennox, the landmark beachfront Lennox Pub has reportedly changed hands for $40 million. The hotel was sold by the Campbell and Lister families, who had owned it for over a decade, to Bachelorette winner Stu Laundy and Fraser Short. Short already owns The Balcony Bar and Oyster Room in Byron Bay and The Farm Byron Bay. "We feel very privileged to have owned such an iconic hotel. The decision to sell was not one that our families made lightly but we are excited about the opportunities this presents for our team and the community," brothers Clyde and Greg Campbell said.
Sale of the week
Within easy walking distance to main beach, town and local schools, at the top of the area known as Byron's 'Golden Grid', a unique house at 12A Seaview St, Byron Bay (pictured above) set the top house sale price for the region this week when it sold for $4.8 million. The house has six king size bedrooms all with private ensuites spread over two levels and the layout can easily transform into one, two or three separate dwellings all with individual entrances, kitchens and living areas. The house was sold by and Christian Sergiacomi and Brad Cranfield at Pacifico Property.
- Read more local property news in the Northern Rivers Review Real Estate Guide.