59 Terrigal Drive
Terrigal, NSW 2260

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 $174,200 per annum
• Current outgoings of approximately $31,000 per annum
• 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

Additional key details include council rates of $3,731 per annum and water rates of $1,185 per annum. This property represents a unique chance for investors seeking a reliable income stream in a highly desirable coastal location. The design and layout of the boarding house cater to tenants seeking privacy and comfort, with each studio offering essential amenities and private outdoor space. The location offers excellent access to local amenities and lifestyle attractions, making it an appealing option for both tenants and investors alike.