CLARENCE PROPERTY EXPANDS EPIQ MARKETPLACE AS CONSTRUCTION KICKS OFF ON NEW RETAIL PRECINCT

Property developer and funds manager Clarence Property has commenced works on a new retail precinct adjacent to Epiq Marketplace in Lennox Head, responding to the strong demand for commercial spaces at the thriving community hub. 

The expansion will deliver eight new tenancies totalling 720m2, with two already secured by local businesses ahead of construction, signalling strong early interest from operators keen to capitalise on the success of the established Epiq Marketplace.

Simon Kennedy, CEO of Clarence Property, said the expansion reflects continued confidence in the growth of Lennox Head and the performance of the Epiq development.

“Epiq Marketplace has cemented itself as an important and convenient retail destination for locals and visitors alike,” said Mr Kennedy.

“This next stage will further strengthen the retail offering within Epiq, providing more opportunities for local businesses and services to thrive in a high-traffic location that benefits from Lennox Head’s growing population and tourism appeal.

“We are targeting a mix of service-based offerings and retail operators to complement the existing marketplace.” 

The announcement follows the successful delivery of the $250 million Epiq development, which has transformed Lennox Head with over 450 residential lots, community infrastructure, and the popular Epiq Marketplace – anchored by Woolworths, BWS, and Chempro.

Positioned at the heart of the Epiq community, the new precinct benefits from exceptional connectivity, with direct links to the existing Epiq Marketplace, childcare centre, sporting fields, and a new primary school soon to be added, ensuring strong foot traffic and easy access for residents and visitors alike.

Mr Kennedy said Clarence Property’s commitment to Lennox Head remains strong, with the company continuing to invest in projects that meet the evolving needs of the region.

“We are proud of what Epiq has brought to the community and look forward to delivering this next phase, which will build on our vision of creating vibrant, sustainable, and well-serviced neighbourhoods,” said Mr Kennedy.

“Importantly, it provides a valuable pathway for local and small business owners to establish themselves in a premium location, which in turn fosters economic resilience and community connection.”

Clarence Property manages a diversified portfolio across residential subdivisions, retail, commercial, and industrial assets, with more than $815 million in assets under management. 

The company continues to pursue growth opportunities across Northern NSW and South East Queensland, maintaining a sharp focus on community-focused developments that support long-term economic and social value.

Construction of the new retail precinct is now underway, with completion targeted for end of 2025 with further leasing opportunities available.