Silkwood house — where home, lifestyle and income come together

Silkwood House, Lennox Head

A Letter from the Owner

If you’ve found your way here, perhaps you’re looking for your next home, a coastal investment, or simply wondering what life in Lennox Head might feel like.

Thank you for looking at a place that has meant so much to us for a decade.

From the moment my partner and I walked through the front door, we fell in love with this home. Since then, it has been a journey of imagination, renovation and creating a place we have loved sharing with family and friends.

The granny flat, bathroom renovation, pool house, sundeck, cedar sauna and plunge spa were each created because we wanted the property to feel a little better than it did the day before.

Sometimes I lie back beneath the pool house and look up at the timber beams we built. The afternoon light catches them beautifully.

It feels quiet, timeless and peaceful.

I find myself smiling—not because the home is perfect, but because a vision imagined years earlier has materialised around us.

That is the strange thing about homes. Eventually, they stop being something you own and become something that quietly takes care of you.

So, what makes Silkwood House different?

Imagine waking to birdsong beside a peaceful nature reserve at the base of Lennox Headland.

Imagine walking to Seven Mile Beach for breakfast, then returning home to relax in the cedar infrared sauna beside the plunge spa.

Imagine welcoming family and friends into a self-contained granny flat, keeping it for your own Lennox Head stays, or using it to create additional income.

For an investor, instead of buying a property and building a management system from scratch, you can step into something already operating.

Silkwood House currently runs as an established share home, with five paying residents including the granny flat and gross rent of more than $2,000 per week. Subject to finance, expenses and the purchaser’s chosen model, the income has the potential to cover regular outgoings and provide positive cash flow.

If requested, I am prepared to remain as a rent-paying resident caretaker—selecting compatible residents, managing the household, maintaining the gardens, caring for the pool and spa, coordinating repairs and protecting the property.

The furnishings and practical equipment can also remain—from beds, lounges and kitchenware to appliances, refrigerators and garden equipment. This is more than a house. It is an established lifestyle and income-producing property.

What if Silkwood House could be owned by two equally aligned people—you and the existing owner—sharing ownership, income, expenses, agreed mortgage responsibility and future capital growth equally?

Australians have owned property as Tenants in Common for generations. What is different is the SHARE TIC concept built around Silkwood House: equal ownership supported by the furnished home, established income, operating systems and an experienced live-in manager.

There are three ways to consider Silkwood House:

1. Purchase it as a conventional vacant-possession home, without the residents, management arrangement or full furniture package.

2. Purchase the complete furnished income-producing property for approximately $2 million, with the existing residents and the option for me to remain as live-in manager. Access to the granny flat can also be retained by arrangement.

3. Purchase a 50% Tenants in Common ownership interest for under $800,000, calculated from half of the property’s existing equity rather than half of its full market value. The owners share agreed mortgage responsibility, income, expenses and future capital growth equally while the management arrangement continues. See www.sharetic.com.au for more information.

The structure, figures, safeguards and proposed exit pathways are explained at sharetic.com.au and remain subject to independent legal, financial and lending advice.

I have spent the past year developing this framework and discussing it with lawyers, mortgage professionals and real estate representatives. Each pathway offers something different, but all share one idea: Silkwood House should continue taking care of the people who own it.

My preferred outcome is the 50% partnership because it allows me to remain connected to the home I love, continue managing what I created and build a long-term retirement income alongside an equally committed co-owner.

Now I simply need to find the person who sees what I see.

PROPERTY FEATURES

• Perry-built rendered brick-and-tile home with four bedrooms and two bathrooms.
• Approximately 700 m² level block in a wide, quiet and sought-after Lennox Head street.
• Walking distance to Seven Mile Beach, cafés, shops and village amenities.
• Rear boundary adjoining a peaceful nature reserve.
• Approximately 40 m² fully self-contained granny flat.
• Custom pool house and sundeck with cedar infrared sauna.
• Approximately 1.8 m-deep chemical-free plunge spa with heat pump and chiller.
• 6.5 kW solar system and hot-water system.
• Double garage, established gardens and a beautifully maintained home.
• Furnished, income-producing and caretaker-managed purchase options available.

Some people buy a home. Others buy an investment.

A rare few recognise when lifestyle, income and opportunity already live at the same address.

Silkwood House offers all three.

No location features found.