Property main details

Commercial

  • Sold For $12,500,000
  • Other

Specifications

  • Property Type
    Other
  • Building
    1657 m2
  • Land
    958.75 m2

BEACHSIDE UNIT BLOCK DEVELOPMENT SITE (RECEIVERS & MANAGERS APPOINTED)

On behalf of Cor Cordis, Ray White Commercial is pleased to present 5-7 Church Street, Terrigal for sale via Auction.

Located just moments from the iconic Terrigal Beach, this exceptional offering includes a partially constructed five-storey mixed-use building. The development comprises two commercial tenancies and twelve residential units, thoughtfully designed to capture the essence of coastal living.

Capitalise on an over 900 sqm block in one of NSW's most desirable residential and holiday destinations. The development boasts strong buyer interest, with several presales already secured.

The development will be sold in its current state, providing the incoming purchaser the opportunity to complete the remaining works to obtain an Occupation Certificate. This is a rare chance for investors, developers or owner-occupiers to add their own finishing touches and capitalise on the potential of this prime coastal location.

Additional Highlights of the Property:
• Favourable unit mix (9 x 3 bedrooms, 3 x 2 bedrooms and 2 x commercial)
• Considerable site works already completed with presales in place
• Zoned E1 Local Centre
• Substantial land holding of 935.8 sqm*
• Less than 150m* from Terrigal Beach
• Surrounded by an abundance of local retail and lifestyle amenities

5-7 Church Street, Terrigal is offered for sale via Auction on Tuesday 18 March 2025 at 10:30am (AEDT).

The Auction will be held at AuctionWORKS, 50 Margaret Street, Sydney NSW 2000.

Please reach out to the selling agents for more information.

*Approximately
In conjunction with RWC SC & Ray White Avoca

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5-7 Church Street Terrigal 2260, New South Wales
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