Knight Frank Central Coast proudly presents 74 Terrigal Esplanade Terrigal, positioned just 30 metres from the sand and surf in one of the most coveted real estate locations between Sydney and Newcastle. This property will be available For Sale by Public Auction on the 13th of June 2025. An opportunity to secure land and buildings like this with a considerable income stream and quality tenants is rare in an almost beachfront location. Potential also allows for future development or make your plans to renovate and experience the ultimate coastal lifestyle with the shop-top, boutique apartment, ideally located in the heart of Terrigal and in the middle of the prestigious Terrigal Esplanade. The only neighbours that can investigate your private oasis are the seagulls in the Norfolk Pines. Literally seconds away from the beach, cafes, and restaurants, this property offers a bright North-East facing aspect giving the residential component a magical ability to view the sunrise every day. Make it your own and create value with a location that will support your ideas and investment or hold and redevelop the site. You or your future tenants could be leaving the car keys at home, with a gentle stroll through the township of Terrigal. Parking and visitor spaces available; another rare jewel in this location and position. It truly represents a once in a lifetime chance to own a piece of Terrigal's sought-after lifestyle with passive holding income and future development potential^. Key Highlights: • Invest with your Imagination: A large 3 - 4 bedroom residential unit above the dual shop front is massively under-rented (approx. $445 per week!) This provides a blank canvas for a renovation that would easily create an additional $2-3M in value if done tastefully, allowing almost instant value add and capital growth without requiring Council approval for internal modifications. • Unmatched Location: Situated in an irreplaceable position along the Terrigal Esplanade, this property offers breathtaking water views from both the commercial/retail shopfronts on the ground floor and the first-floor residential apartment. • Investment Opportunity: With a substantial and diversified income stream from multiple tenancies, this property promises robust returns. • Existing Expired Development Approval: Complete stamped plans are available for significant redevelopment potential^. • Future Growth: The property features rear and side lane access in addition to its Esplanade frontage, enhancing its development prospects and passive income potential. • Historical Significance: Held by the same family for nearly 60 years, this property is a rare find in one of the Central Coast's most tightly held locations. Key Features: • Substantial diversified income stream. • Prominent position along Terrigal Esplanade fronting the water. • Future redevelopment potential^. • Flexible E1 Local Centre zoning. • Our motivated vendors have stated that they want this property SOLD. For a full Information Memorandum and to arrange an inspection, please contact the Knight Frank Exclusive Agents. *Approximately ^Subject to council approval
ส่งอีเมลสอบถามได้ที่ Knight Frank - Central Coast
รหัสอสังหาริมทรัพย์: 504855664
รหัสอสังหาริมทรัพย์เดิม: 504855664