59 Terrigal Drive,

Terrigal

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, cafes 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 $174,200pa
• 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 cafes, boutique shopping and Terrigal's iconic beach

KEY DETAILS: Council Rates $3,731pa Water Rates $1,185pa