22 Grosvenor Rd, Terrigal is a 7 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 658m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Comprising of 2 x 2-bedroom apartments on the lower level and 1 x 2 bedrooms plus study on the top floor with stunning ocean views. This older style complex offers the astute investor a good return until it’s time to redevelop situated on a 658sqm block with two street frontages.
Set in a commanding position with spectacular ocean views this property is a short stroll to Terrigal beach and iconic esplanade of cafes and restaurants.
Currently, with long terms tenants in place, it offers the opportunity to achieve income from the two ground floor units and use the upper level for a holiday rental or leave vacant for your own use.
- Future development opportunity
- Currently rented with long term tenants
- Two street frontages on a 658sqm block
- Located a short stroll to Terrigal Beach and esplanade
- Older style complex with stunning ocean views from the top floor
- Sundrenched northerly aspect
The size of Terrigal is approximately 9.1 square kilometres. It has 28 parks covering nearly 10.6% of 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 6,869 properties. Over the last 5 years, Houses in Terrigal have seen a 46.46% increase in median value, while Units have seen a 51.00% increase. As at 31 January 2026:
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