59 Terrigal Drive
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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage
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About this property
Positioned in the heart of sought-after Terrigal, this modern and immaculately presented boarding house offers a rare investment opportunity with a strong, established rental return. Just moments from Terrigal Beach, cafés and transport, the property seamlessly combines an exceptional lifestyle location with a proven, income-producing design. - Purpose-built boarding house in a premium Terrigal location - Current gross rental income of $177,320pa - Current outgoings of approx. $31,000pa - All seven self-contained, modern studio rooms are currently leased - Each room includes a kitchenette, living area, ensuite and air conditioning - Private balconies to every room, enhancing natural light and airflow - Five car parking spaces, providing convenient off-street parking for residents - Established, low maintenance income-producing asset - Rare opportunity to secure a proven investment with established returns - Easy walking distance to cafés, boutique shopping and Terrigal's iconic beach KEY DETAILS: Council Rates $3,731pa Water Rates $1,185pa
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Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 7
- Bathrooms
- 8
- Parking
- 5
- Land Area
- 749m²
- Listed
- 2 months ago
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