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