Perfectly positioned to embrace Terrigal's fabulous laid back lifestyle, this comfortable cottage is currently set up as a dual rental with 2 bedrooms and bathrooms on each level and showing excellent returns. Land zoning is R1 which provides endless future potential (STCA). Set in the popular Terrigal bowl, and a stroll to the beach. * Neatly maintained and presented kitchens * Built-ins in all bedrooms, well presented bathrooms * On street car parking * Perfect foundation to build a brand new family haven (STCA) * Rests on a 708 sqm parcel of land with a north-easterly aspect * Excellent investment opportunity or holiday letting option * A blank canvas awaits the savvy home designer or developer * Presents a great opportunity for first homebuyers * Short easy walk to the centre of town and beach * Close to Terrigal Public and High schools and Erina Fair