Lots 60 & 61 Salt Air Circuit Lennox Head NSW 2478

JLL Hotels & Hospitality Group presents to market the best tavern development opportunity for 2024 The EPIQ Tavern Site, in Lennox Head NSW.

Lennox Head offers a harmonious mix of beach-side charm coupled with modern amenities and a growing population. The area is a sought-after destination for residents, investors and tourists alike. With North Coast NSW tavern opportunities in scarce supply, the opportunity to establish a flagship venue in a truly iconic location is not to be missed.

Sale highlights include:

- Rare NSW DA approved tavern site
- Substantial landholding of 5,595sqm*
- Positioned in the newly developed EPIQ masterplanned community
- The permanent population of Lennox Head is expected to explode by 52%* by 2046 and will comprise of a total of 12,829* residents with Ballina Shire to grow to 62,308 residents (source: ABS)
- Annual tourism visitors of 976,000 for 2023 and growing strongly (source: Tourism Research Australia)
- Located in immediate proximity to neighbourhood retail precinct EPIQ Marketplace tenants include Woolworths, BWS and ancillary operators
- Permanent population set to soar with expanding new estates including Lennox Rise, Crest Estate and Aureus developments
- Minimal competition - nearest competing venue is 2.5km* away
- Imminent hotel liquor licence approval (lodged 18/07/2024)
- Liberal Band 1 (green) licencing zoning ability to transfer gaming machine entitlements (subject to ILGA approval)
- Adjoining 2,971sqm* R3 Medium Density zoned landholding also available for purchase

*Approx.

The NSW North Coast is an unparalleled location that continues to flourish as a growing prime housing and tourism destination.

For Sale via Private Treaty: $5,500,000

To receive further information regarding this opportunity, or to arrange an inspection, please contact the exclusively appointed JLL agents.