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Dave Sullivan, Managing Director of national independent property advisors Herron Todd White, favours coastal areas such as Lennox Head for current investors. “We consider it a good time to invest in popular coastal areas like Lennox with the market in a soft position” he outlined. “Historically Lennox Head has shown reasonable growth in all sectors.”
Lennox Head’s hilltop estate Elevation has experienced a healthy lift in sales over the past six months. Currently only five lots remain in the boutique estate, a project of Brisbane based Urbex. A national leader in the field of community design, Urbex has focused on achieving a strong sense of place within the communities they foster.
“From the outset this was going to be a special community” said Gary Ingram, General Manager Residential Developments from Urbex. “The land is bounded to the east by an historic dry stone wall dating back to the 1850s and to the west the community enjoys sweeping hinterland views, preserved in perpetuity through zonings”.
Lee Corcoran purchased land at Elevation in September 2009. “I couldn’t decide between the mountains and the ocean” she said. “I had a severe motorcycle accident four years ago and my doctors told me to go to the water. So Lennox Head became my rehab, I travelled there each weekend”.
Lee’s four bedroom architect designed pavilion style home has a sauna, timber floors and abundant natural light. “It’s the best of both worlds at Elevation, with the ocean so close and being up so high. I look out my kitchen window and see Mount Nardi. And from my bedroom window I see gorgeous sunsets. But the main reason I bought in this estate is because the homes here are different”.
“Lee’s house was a custom designed project where we worked very closely with her in finalizing the design both inside and out to achieve the result she was looking for” said John Chaseling, Partner from Unique Building Solutions. “Elevation has covenants for innovative design and modern coastal living for young families and retirees alike. Because of the proximity to the ocean there are good sea breezes and this provides low energy requirements for houses as far as heating and cooling is concerned”.
“I love it here, it’s so peaceful” said Lee. “And it’s clean and well maintained. There are a lot of new trees plus established trees which block any noise. We’ve got the privacy that we need. And it’s thirteen minutes to Byron and six minutes to Ballina”.
Available land ranges from 470m² to 2,334m², with prices from $260,000. All lots are high with cooling sea breezes and some are adjacent to Elevation’s own park, with its large shade trees, seating, swings and playground.
Visit Elevation at North Creek Road Lennox Head or online at www.elevationlennoxhead.com.au or telephone 1300 762 552.