409 Terrigal Drive, Erina, NSW 2250 | Property Value & History | OnTheHouse
OFF MARKET

409 Terrigal Drive
Erina NSW 2250

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 983m2
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Property Details for 409 Terrigal Dr, Erina

Building Type
Land
Land Size
983m2
Local Government
Central Coast
Lot/Plan
32/26/DP2163

Last Listing description (September 2023)

DA Approved- 9x1 Bedroom fully self-contained Group Homes
Sitting on approx. 999sqm of vacant land, the current owner has done all the work and the land comes with a DA Approved for 9 one bedrooms, fully self-contained room with en-suite and kitchenette located in the desirable suburb of Erina.

On offer is a great opportunity to acquire a landholding of approx 999sqm in a tightly held area of Erina which is located directly across the road from Erina Fair and public transport at your door. Only minute's drive to Terrigal Beach, Cafes, Restaurants and Gosford CBD.

This asset provides astute developers and investors an amazing opportunity to purchase, develop and either rent and hold or on-sell as a completed asset with a strong rental return.

The build and location would be ideal for disability & support care accommodation, over 55's, student accommodation, holiday letting and possible other opportunities.

The bedrooms are self-contained and comes with a generous size common area (lounge/dining) where the residents can get together and enjoy each other's company. The kitchen is modern with all modern equipment, stainless steel appliances, which the residents would enjoy cooking from. You will also find an outdoor Al-fresco area where the residents can enjoy the sun rays.

* Land size: Approx 999m2 (Approx: 12m Wide x 87m Length)
* DA Approved for 9 x 1 bedrooms fully self-contained with en-suite and kitchenette
* Opportunity to diversify your investment portfolio or development pipeline
* Great position with great tenant demand
* Strong population and demographic growth
* Perfect Investment with a the potential for a great rental return

Features include:
* Nine good size bedrooms with en-suite, kitchenette, Built In wardrobes.
* Generous size lounge/dining area for residents to enjoy.
* Modern Kitchen for staff & residents, stainless steel appliances/ good bench and cupboard space.
* Undercover Outdoor Alfresco dining, which can be enjoyed by all
* Modern bathroom with all the modern appliances
* Lock up remote garage with internal access and carport, easy access for staff
* Internal laundry, Ducted Air Conditioner, NBN Available
* Directly opposite Erina Fair Shopping Center
* Within minutes' drive to local beaches, cafes, restaurants, Parks & Gosford CBD

Disclaimer:
Disclaimer: We have been furnished with the above information, however, LJ Hooker gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.

Property History for 409 Terrigal Dr, Erina, NSW 2250

A timeline of how this property has performed in the market
  • 08 Aug 2023
    Listed for Sale DA APPROVED 9 x 1 BEDROOMS
  • 15 Aug 2022
    Listed for Sale Expressions Of Interest
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About Erina 2250

The size of Erina is approximately 5.2 square kilometres. There are 8 parks, covering nearly 13.6% of the total area. The population of Erina in 2016 was 4774 people. By 2021 the population was 5205 showing a population growth of 9.0% in the area during that time. The predominant age group in Erina is 70-79 years. Households in Erina are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Erina work in a professional occupation.In 2021, 65.70% of the homes in Erina were owner-occupied compared with 69.20% in 2016.

Erina has 3,338 properties. Over the last 5 years, Houses in Erina have seen a 17.78% increase in median value, while Units have seen a 8.45% increase. As at 31 July 2026:

  • The median value for Houses in Erina is $1,385,357 while the median value for Units is $709,810.
  • Houses have a median rent of $798 while Units have a median rent of $550.
There are currently 13 properties listed for sale, and 15 properties listed for rent in Erina on OnTheHouse. According to Cotality's data, 121 properties were sold in the past 12 months in Erina.

Suburb Insights for Erina 2250

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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.