59 Terrigal Drive, Terrigal, NSW 2260 | BlockOfUnits for sale | OnTheHouse
FOR SALE
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59 Terrigal Drive
Terrigal NSW 2260

Bedrooms: 7
Bathrooms: 8
Car spaces: 5
Land area: 749m2
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Prime Terrigal boarding house with strong income appeal

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, cafés 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 $177,320pa
- 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
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Property Details for 59 Terrigal Dr, Terrigal

59 Terrigal Dr, Terrigal is a 7 bedroom, 8 bathroom BlockOfUnits with 5 parking spaces. The property has a land size of 749m2. The place is currently for sale with McGrath Terrigal.

Building Type
BlockOfUnits
Land Size
749m2
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About Terrigal 2260

The size of Terrigal is approximately 9.1 square kilometres. There are 28 parks, covering nearly 10.6% of the total area. The population of Terrigal in 2016 was 11349 people. By 2021 the population was 12730 showing a population growth of 12.2% in the area during that time. The predominant age group in Terrigal is 40-49 years. Households in Terrigal are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Terrigal work in a professional occupation.In 2021, 74.00% of the homes in Terrigal were owner-occupied compared with 72.30% in 2016.

Terrigal has 6,877 properties. Over the last 5 years, Houses in Terrigal have seen a 13.58% increase in median value, while Units have seen a 18.97% increase. As at 31 July 2026:

  • The median value for Houses in Terrigal is $1,546,746 while the median value for Units is $1,280,098.
  • Houses have a median rent of $895 while Units have a median rent of $750.
There are currently 77 properties listed for sale, and 20 properties listed for rent in Terrigal on OnTheHouse. According to Cotality's data, 288 properties were sold in the past 12 months in Terrigal.

Suburb Insights for Terrigal 2260

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Trevor Hamilton
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Jordan Bulmer
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McGrath Terrigal
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.