16 Tiarri Cres, Terrigal is a 10 bedroom, 8 bathroom House with 8 parking spaces and was built in 1998. The property has a land size of 696m2. While the property is not currently for sale or for rent, it was last sold in May 2025.
Phone enquiries - please quote property ID 33867.
This freehold property, situated on a 696m block, features 8 top-quality units just a short stroll from the beach. Ideal for embracing the coastal lifestyle, the location offers easy access to fishing, surfing, and golf.
Currently operating as a successful accommodation business in the heart of Terrigal, NSW, this property allows new owners to either continue the business or choose to reside in one unit while renting out the other 7 for long or short-term stays.
Property Highlights:
- Prime location in the highly desirable Central Coast beachside suburb.
- Walking distance to Terrigal Beach, surrounded by hotels, restaurants, cafes, and shops.
- Recently renovated with modern fixtures and furnishings.
- 8 units with various layouts, featuring kitchens/kitchenettes, laundry facilities, and courtyards.
- Can be configured as a multiple 2-bedroom block of units if desired.
- 8 parking spaces and established tropical gardens.
Business Overview:
- Operates as a motel/guest house/accommodation business.
- Steady, high-profit operation since 1999.
- Owned by current operators for 6 years.
- Ideal for owner-operators, investors, or lifestyle buyers seeking a work-life balance.
- No food and beverage services, making daily operations straightforward.
- All furnishings and fittings included in the sale (full list available).
- Occupancy rate - 89%
Opportunities:
- Potential for new operators to expand and elevate the business.
- Attracts a mix of regular customers, tourists, holidaymakers, corporate clients, and locals.
Additional Information:
- Easy to manage day-to-day operations, perfect for a husband-and-wife team.
- Contract cleaners available when needed.
- Strong online presence and well-recognized brand.
- Owners willing to provide a hand-over training period for a smooth transition.
This superbly located, well-established business offers a fantastic opportunity to enjoy the beautiful coastal lifestyle while running a profitable and easy-to-manage operation. Owners are retiring, creating an excellent chance for new operators to take over this successful venture.
DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.
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 6,892 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:
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