An extraordinary opportunity awaits in one of Terrigal's most tightly held and prestigious pockets – Grosvenor Road. Set on a rare and generous 733.5sqm parcel with valuable dual access, this blue-chip holding presents an exceptional canvas for a luxury development, just 500 metres from the golden sands of Terrigal Beach, the vibrant esplanade, and the iconic boardwalk connecting to The Haven.
Positioned within an exclusive enclave surrounded by high-end homes and boutique developments, this is one of the last remaining original residences in the street – offering a truly unique chance to secure a foothold in a location where opportunities are increasingly scarce.
The existing freestanding home comprises three bedrooms, spacious living zones, and practical under-house storage, along with a detached single garage and its own driveway providing ample off-street parking for up to four additional vehicles. Whether retained as a holding investment generating income, or utilised while plans are finalised, the home offers flexibility for both developers and renovators alike.
With its prime positioning, generous land size, and lane way access, the property is ideally suited to those looking to build the already approved home, create your own luxury residence or explore the potential for a premium dual occupancy development (STCA) that is possible in this R2 Zoning. This is a rare chance to deliver a standout project in the very heart of Terrigal's most sought-after coastal setting.
