5 Miller Road
Terrigal, NSW 2260

Overview

5 Miller Road, Terrigal

Located in the heart of Terrigal, this unique property offers an exceptional and flexible opportunity for developers, investors, or discerning buyers seeking a foothold in one of the Central Coast's most desirable locations.

Set on a substantial 1100 square meter block, the site presents strong potential for subdivision (subject to council approval), allowing for the creation of two separate 550 square meter lots. Each lot is suitable for either duplex developments or freestanding homes, providing significant possibilities to maximize returns or build premium residences in a sought-after coastal setting.

The existing residence adds immediate value by offering the option to generate rental income while development plans and council approvals are underway. This holding income makes the property an ideal project for those wishing to stage their investment without compromising cash flow.

Situated just moments from Terrigal Beach, cafés, schools, and lifestyle amenities, this property represents a standout opportunity to capitalize on strong buyer demand in a thriving coastal market.

Key features include:

• Generous 1100 square meter block with a 7-bedroom, 2-bathroom home centrally located in Terrigal
• Potential subdivision into two 550 square meter lots (subject to council approval)
• Scope for duplex development or two freestanding homes per lot
• Existing residence providing rental income during the planning phase
• Level and well-positioned block in a high-growth area
• Exceptional opportunity for developers, investors, or land bankers
• Only a 20-minute walk to Terrigal Beach and esplanade, featuring restaurants, cafés, shops, and vibrant nightlife
• Close proximity to Erina Fair shopping centre (10 minutes) and easy access to the M1 freeway connecting to Sydney and Newcastle (25 minutes)

Additional information includes council rates of $2,705.67 and water rates of $1,185.08. All information is gathered from sources believed to be reliable; however, interested parties should conduct their own independent enquiries. Measurements and details are approximate and subject to change without notice.

The property also benefits from area views, ocean and water views, and is conveniently close to schools, shops, and transport options.

Location