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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
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 7
- Bathrooms
- 8
- Parking
- 5
- Land Area
- 749 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Terrigal
This 7-bedroom land in Terrigal, NSW 2260 sits within reach of public transport, local shops and nearby schools.
Schools near Terrigal
- Aspect Central Coast Schoolcombined · U · CoEd
- Our Lady Star of The Sea Catholic Primary Schoolprimary · K-6 · CoEd
- Terrigal Public Schoolprimary · K-6 · CoEd
- Aspect Central Coast School Senior Collegesecondary
- Terrigal High Schoolsecondary · 7-12 · CoEd
What's nearby
- Terrigal Dr at Brunswick Rd (bus) — 29 m away
- Terrigal Supercellars — 1.0 km away
- Anniversary Avenue Reserve — 395 m away
- Terrigal Rotary Park — 637 m away
- Terrigal Lagoon Reserve — 933 m away
Terrigal at a glance
Full suburb profile- Population
- 12,730
- Median age
- 43
- Household income
- $2,056/wk
- Median rent
- $520/wk
- Median mortgage
- $2,492/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Terrigal price trend
Median sold · House 4 bed
Compound growth +1.3% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Terrigal marketSide-by-side analysis
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