Another fantastic result in the heart of Terrigal, highlighting the continued demand for quality investment opportunities in tightly held coastal locations.
Offering a unique combination of established rental income, modern accommodation and long-term investment appeal, this purpose-built boarding house represented an outstanding opportunity for the astute investor.
Comprising seven individually appointed, self-contained studios, each complete with its own kitchenette, ensuite, living space and private balcony, the property has been thoughtfully designed to maximise both resident comfort and rental performance.
With all seven studios leased and generating a combined gross rental income of $171,080 per annum, the property offered an attractive income stream in one of the Central Coast's most desirable coastal suburbs.
Positioned within easy reach of Terrigal Beach, its vibrant café and dining precinct, boutique shopping and public transport, the location further underpins the property's enduring appeal.
A fantastic outcome for our vendors and another successful transaction by LJ Hooker Terrigal.
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