The Pocket – Sold Out at Epiq Lennox Head

Appetite for land drives speedy sell out

After just four weeks in the market, developer Clarence Property is pleased to announce that strong buyer demand has resulted in the sell out of all 14 homesites in The Pocket, its most recent land release in Epiq Lennox Head.

The Pocket is a collection of just 14 generous homesites which feature wide street frontages, close to Epiq Marketplace, right in the heart of the popular Epiq Lennox Head, in the idyllic northern NSW region.

Epiq, the sought-after masterplanned community centrally located in Lennox Head, has defied recent reports of a property market slowdown.

Elders Lennox Head agent Nick Bordin said whilst rates of sale have not been in line with previous stages, which had sold out in a single day, the strong sales result in The Pocket demonstrates that appetite is still high for quality, well-located property if appropriately priced.

“With supply of coastal land still incredibly low, as well as limited rental vacancies for family homes in the area, a backlog of strong local demand for ready-to-build homesites resulted in the first 12 lots in The Pocket selling only two weeks after launch.

“At Epiq, buyers were able to secure a homesite less than 3 kilometres to the beach for $615,000, and build a brand-new home from $1 million to $1.4 million, which is simply not achievable in many other popular coastal areas.

“For example, in Byron Bay, a 20-minute drive from Lennox Head, the most recent median property price is still $3.15 million, according to realestate.com.au (January 2023).”

Premium lots in The Pocket precinct range in size from 450 to 657sqm and were sold at prices from $615,000 to $739,000.

To continue to meet the need for new homes in this area, developer Clarence Property is now selling vacant land, as well as newly launched house and land packages, in its latest release in Epiq, where demand has already seen several homesites placed under contract.

Stage 7 features 33 homesites available to build your dream home in a premier location, a stone’s throw to the retail amenity of Epiq Marketplace (including Woolworths, medical centre, cafe, gym and much more) and opposite one of Epiq’s open space conservation areas, never to be built on.

It is just a short 150m stroll to the Harmony Early Learning Journey child care centre, and less than 3km into Lennox Village or the beach.

The Ballina/Byron Gateway Airport is just a 14km drive, making that sought-after remote beachside work/life balance a truly genuine alternative to the capital city commute.

One and two storey, three and four bedroom turnkey house and land packages are now available for the first time since Epiq was launched in 2015.  Home designs from a range of local builders are available to streamline the building process and save time and design/planning costs.

Stage 7 homesites now selling range from 366sqm to 897sqm, with new homes anticipated to start from under $1M (register now to be kept up to date when these new homes are available).  Earthworks are already complete in this precinct, meaning buyers can settle their vacant land within months and commence building their dream home in the first half of 2023.

Find out more

• For details on ready-to-build vacant land available for sale (including a plan with lot areas and frontages) click here.
• For information on house and land packages currently available for sale in Epiq or to register to be kept up to date on new house and land packages coming soon, click here
• Or for all Epiq enquiries, you can contact exclusive agent, Nick Bordin of Elders Lennox Head on 0423 238 062.