$2m lennox head property. one 50% position already retained. one 50% ownership position now available.

The phone enquiry code for this property is – 3000

Welcome to Silkwood House — a rare 50% co-ownership opportunity in Lennox Head.

This is not the sale of the whole property. This listing is for a proposed 50% Tenants-in-Common co-ownership interest in a premium Lennox Head home and granny flat, currently operating as a furnished, income-producing VIP share house.

This opportunity has been structured around two equal 50% ownership positions.

One 50% position is already retained by the existing resident owner and caretaker, who will continue to live at the property and manage the day-to-day operation of the home, tenants, gardens, pool/spa area, maintenance and general household systems.

The remaining 50% Tenants-in-Common ownership position is now available to one incoming co-owner.

For clarity, the full property value is being presented at approximately $2,000,000. However, the incoming buyer is not being asked to purchase 50% of the full property value. Instead, the available position is calculated on 50% of the existing equity, after allowing for the current mortgage of just over $400,000.

This means the indicative buy-in for the remaining 50% ownership position is approximately $796,000, subject to final figures, legal documentation, lender requirements and due diligence.

In simple terms, the buyer is securing a 50% ownership interest in a premium Lennox Head property, while sharing in the existing debt position rather than paying half of the full property value upfront.

This is the central benefit of the opportunity: access to 50% of a substantial Lennox Head property, 50% of the future capital growth potential, and 50% of the agreed monthly surplus income — through a lower equity-based entry point.

Tucked quietly into one of Lennox Head’s most desirable pockets, this Perry-built rendered brick and tile residence sits comfortably on a level 700 m² block, backing directly onto a peaceful nature reserve at the base of the Lennox Headland.

From the moment you arrive, there is a sense that the property lives to the rhythm of the coast.

When the north-easterly wind rolls in during the afternoon, you can often hear the distant sound of waves breaking along the shoreline. Behind the back fence, the reserve stretches out in quiet green layers, with birds moving through the trees and the occasional hang glider floating silently above the headland ridge.

Yet despite this sense of calm, everything that makes Lennox Head special sits just minutes away.

A short walk takes you to Seven Mile Beach, morning surf checks, local cafés and the relaxed village atmosphere that has made Lennox one of the Northern Rivers’ most sought-after coastal communities. The Epiq Marketplace shopping centre is nearby, providing easy access to everyday essentials while preserving the laid-back coastal lifestyle.

Silkwood House has been thoughtfully developed to combine comfort, lifestyle and income-producing flexibility.

At the centre of the home sits a light-filled open-plan living area, where large windows and sliding doors allow natural light to spill through the interior spaces. The design flows naturally toward covered outdoor entertaining areas and manicured lawns, creating an environment suited to relaxed coastal living, shared accommodation or hosting friends after a long beach day.

The main residence features four well-proportioned bedrooms, two bathrooms, open-plan living, solar, established systems and a practical layout designed for comfort and easy maintenance.

Beyond the main living area lies one of the property’s most enjoyable features — the private resort-style pool zone.

Here you will find a pool house retreat, an infrared sauna and a six-foot-deep plunge spa complete with both heating and chilling systems, allowing it to be enjoyed year-round. Whether it is a refreshing afternoon dip after a surf or a warm evening soak under the stars, this space captures the essence of relaxed Lennox Head living.

The Granny Flat Retreat

At the rear of the property overlooking the nature reserve, sits a self-contained granny flat of approximately 40 m², with its own access and a sense of separation from the main residence.

This studio-style retreat is one of the property’s most valuable lifestyle features.

For an incoming co-owner, the granny flat may offer a rare optional benefit: the ability, by agreement, to retain personal access to a private Lennox Head retreat while also holding a 50% ownership position in the broader property.

Fly into Ballina Byron Gateway Airport, collect a hire car, and in roughly 15 minutes you can arrive at Silkwood House. Pull into the off-street parking area, step through the garden path and into your own quiet retreat overlooking the reserve.

Morning coffee can be enjoyed while watching the light rise over the trees, and when it is time to unwind, the sauna and plunge spa are only a few steps away.

It is a rare combination — a premium Lennox Head home, a self-contained granny flat, an established income-producing share house structure, and a proposed 50% co-ownership pathway into one of the Northern Rivers’ most tightly held coastal communities.

The Opportunity

The incoming buyer would be purchasing a proposed 50% Tenants-in-Common co-ownership interest, not the whole property.

The property is currently operating as a furnished VIP share house with gross rental income of approximately $1,950 per week.

The opportunity is designed for a buyer who may want:

• 50% ownership of a premium Lennox Head property
• 50% of the monthly surplus income
• 50% exposure to future capital growth
• An established income-producing setup
• Resident owner/caretaker management already in place
• Optional granny flat access by agreement
• A structured co-ownership arrangement with clear legal documentation

This opportunity will not suit everyone. It is not a standard residential sale, and any interested buyer should seek independent legal, financial and taxation advice before proceeding.

We have built a website to better understand and get more information on this TIC sales contract. Contact us for more details.
For more information about this property sale visit www.sharetic.com.au

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