101/224 Terrigal DriveTerrigal NSW 2260
Property Details for 101/224 Terrigal Dr, Terrigal
101/224 Terrigal Dr, Terrigal is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a floor size of 56m2.
Last Listing description (October 2022)
Located in a prime position across from the Terrigal lagoon and parklands and only a short stroll to Terrigal Beach. This strata/ freehold titled resort complex is the perfect investment/weekender/holiday accommodation.
As an investment option it does not get much easier with a professional management team living on-site that takes care of all the bookings, cleaning, maintenance and security and then deposits your returns, which at the moment are showing great returns from trading through covid.
Privately positioned on the first level in the eastern corner and comes with a much larger outdoor sitting area than any of the other studios.
Additional features include:
- Heated pool and large relaxation area around the pool
- Ideal superannuation fund investment plus holiday retreat
- Balinese style covered area
- On site managers 24/7 looking after your investment
- Cooking facilities, reverse cycle AC and car parking
- Studio is north facing and looks out over the pool
- Apartment being sold as going concern and fully furnished
Property History for 101/224 Terrigal Dr, Terrigal, NSW 2260
- 06 Sep 2022Listed for Sale Contact Agent
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0About Terrigal 2260
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 2011 was 10,614 people. By 2016 the population was 11,344 showing a population growth of 6.9% in the area during that time. The predominant age group in Terrigal is 50-59 years. Households in Terrigal are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Terrigal work in a professional occupation. In 2011, 70.5% of the homes in Terrigal were owner-occupied compared with 72.3% in 2016.
Terrigal has 6,791 properties. Over the last 5 years, Houses in Terrigal have seen a 71.15% increase in median value, while Units have seen a 48.41% increase. As at 31 October 2024:
- The median value for Houses in Terrigal is $1,545,060 while the median value for Units is $1,190,386.
- Houses have a median rent of $850 while Units have a median rent of $700.
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