1/20-22 Maroomba Road, Terrigal NSW 2260

1/20-22 Maroomba Road, Terrigal NSW 2260
single-level boutique unit | ocean district views | north-east balcony | lift to two car spaces | level beach walk This property is positioned as one of only four units in a boutique complex, offering a rare combination of single-level living, lift access, and two secure car spaces within a short level walk to Terrigal Beach and the Esplanade. Its north-east aspect and ocean district views add a quality that is uncommon in this price bracket, while high ceilings and a covered balcony extend the sense of space despite the internal area being more modest than the gross figure suggests. The configuration serves downsizers seeking low-maintenance coastal living and professionals wanting immediate beach access without sacrificing parking or privacy. The gross floor area may be larger than typical, but the internal living space at 96 square metres aligns with a standard three-bedroom apartment, so final value should focus on usable space rather than marketing numbers. The property last traded in 2011, and while recent sales in the complex signal strong demand, the buyer should verify strata records and any upcoming levies that might affect total ownership cost. The boutique scale and single-level layout may limit comparability with other units in the area, requiring a careful local benchmark.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1/20-22 Maroomba Road, Terrigal NSW 2260
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk 2
Income Risk
Execution Risk
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Terrigal NSW 2260

Terrigal is an established coastal suburb with a stable, family-oriented market underpinned by high outright home ownership. Demand is driven by mature professionals and families seeking long-term lifestyle appeal, supported by consistent sales activity. Recent conditions show divergent trends, with house values demonstrating resilience while the unit segment faces notable price adjustments and extended selling periods. Future growth is anchored in its enduring desirability, though the market exhibits sensitivity to broader economic conditions and affordability constraints at the premium end.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1257m²

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Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst