62 Riviera AvenueTerrigal NSW 2260
Property Details for 62 Riviera Ave, Terrigal
62 Riviera Ave, Terrigal is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 1992. The property has a land size of 789m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 0 bedroom House sold in Terrigal in the last 12 months.
Last Listing description (June 2024)
A rare opportunity to secure two units crafted with timeless double brick construction and breathtaking lagoon views nestled in the heart of Terrigal. One property title featuring three bedrooms in each unit plus a studio with kitchenette and bathroom. Ideal to add to your property investment portfolio with both units currently tenanted. PRICED TO SELL!
Unwind and enjoy panoramic views of the serene lagoon from the comfort of your own home. These picturesque water views create a backdrop that's truly unmatched and ideal for the short stay holiday investment with a moments' walk to the Terrigal Esplanade and beach.
The block of units consists of the following site plan
Ground Level:
- Studio with kitchenette and bathroom, bedroom and indoor living
- Double garage for Unit 1 & 2 occupants.
Unit 1:
- Three bedrooms with built-in wardrobes
- Master bedroom has access to the balcony
- Main bathroom with bath and shower
- Full size kitchen with breakfast bar
- Dining room and indoor living
- Internal Laundry
- Courtyard at the rear
- Balcony with water views
Unit 2:
- Three bedrooms with built-in wardrobes
- Master bedroom has access to the balcony
- Main bathroom with bath and shower
- Full size kitchen with breakfast bar
- Dining room and indoor living
- Internal laundry
- Courtyard at the rear
- Balcony with water views
Pristine Location:
- Moments' walk to Terrigal Esplanade & beach
- Moments' walk to cafes and restaurants
- Moments' drive to Erina Fair Shopping Centre
- Ideal position to add the property to the investment portfolio
Rental return for the savvy investor:
- Unit 1 currently returns $400 per week
- Unit 2 currently returns $460 per week
- Both units can potentially achieve $550-$600 per week
A rare chance to own this unique piece of Real Estate in the ever-popular coastal suburb of Terrigal. Inspect Today!
Sale Disclaimer
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 62 Riviera Ave, Terrigal, NSW 2260
- 15 Feb 2024Sold for $1,607,000
- 10 Nov 2023Listed for Sale Not Disclosed
- 13 Feb 1991Sold for $70,000
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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 6,828 properties. Over the last 5 years, Houses in Terrigal have seen a 81.32% increase in median value, while Units have seen a 53.52% increase. As at 31 August 2024:
- The median value for Houses in Terrigal is $1,554,676 while the median value for Units is $1,231,043.
- Houses have a median rent of $800 while Units have a median rent of $695.
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