5 Miller Road

Positioned in the heart of Terrigal, this exceptional property presents a rare and highly flexible opportunity for developers, investors or savvy buyers looking to secure a foothold in one of the Central Coast's most sought-after locations. Set on a generous parcel with strong subdivision potential (STCA), the site offers scope to create two separate 550sqm lots, each capable of accommodating a duplex development or freestanding homes. Whether you're looking to maximise returns with multiple dwellings or build premium residences in a blue-chip coastal setting, the possibilities here are significant. Adding immediate value is the existing home providing the option to generate rental income while you plan your development and navigate council approvals. This holding income makes it an ideal project for those looking to stage their investment without sacrificing cash flow. Located just moments from Terrigal Beach, cafés, schools and lifestyle amenities, this is a standout opportunity to capitalise on strong buyer demand in a thriving coastal market. Key features: - 1100sqm block with 7-bedroom, 2-bathroom home in the heart of Terrigal - Potential subdivision into two 550sqm lots (STCA) - Scope for duplex development or two freestanding homes per lot - Existing residence offering rental income during planning phase - Well-positioned block in a high-growth location - Exceptional opportunity for developers, investors or land bankers - A short 10-minute stroll to Terrigal Beach and esplanade where you'll find restaurants, cafes shop and vibrant nightlife - 10 minutes to Erina Fair shopping centre and 25 minutes to M1 freeway to Sydney and Newcastle Rates Council Rates $2,705.67 Water Rates $1,185.08 Please note that all information herein is gathered from sources we believe to be reliable. Images, photographs, plans, drawings and maps are indicative only. LJ Hooker Terrigal makes no representation or warranty as to the accuracy of the information provided and accepts no liability for any errors or omissions. All interested parties should make and rely upon their own independent enquiries. All measurements and details are approximate and subject to change without notice.