Investors and developers will immediately recognise the superb beachside positioning, huge land size and excellent future possibilities of this blue-chip real estate offering. Ideally located with high exposure to Lennox Head's main thoroughfare, this substantial 882sqm level allotment has dual street frontage and represents a golden opportunity to secure a prime commercial/residential development site in the heart of the village. The solid two-storey home is perfectly liveable as is and comes complete with DA submitted architect designs for a high-exposure commercial space and four luxury residential apartments. - Zoned 'B2 Local Centre', height limit of 9m allowing up to 3 levels STCA - Property being sold subject to DA approval, DA in final stages with council - Plans provide for the development of a luxury three-storey complex - Four contemporary 3-bedroom apartments accessed from Rayner Lane - A street-front restaurant/café with direct frontage onto Ballina Street - Parking for 12 cars with storerooms and bike storage plus loading bay - Includes an intercom security entrance and lift access to all three levels - Each apartment has expansive outdoor areas and entertainment terraces - Located just a few hundred metres from the sands of Seven Mile Beach