1 Narrawa Avenue, Erina, NSW 2250

  • 3
  • 2
  • 2

Sold

Sold for $850,000 (Aug 19, 2021)

DUAL-OCC PRIME LOCALE

THE PROPERTY

Unlike many homes on the market, this stunning three-bedroom brick and tile home has opportunity in every direction. Currently used as a Dual-Accommodation, with the two levels of the home split, this property is an ideal investment; or with practically no adjustment, a modern, updated, sizeable family home. As a whole, the home consists of three generous bedrooms, 2 ultra-modern bathrooms, two living spaces, modern and neat kitchen, separate dining room, modern internal laundry and separate entrances. Recently refreshed with new carpets throughout, sanded and polished floors, air conditioning, new paintwork and updated kitchen/bathrooms/laundry.

Positioned in a blue-chip prime location, just moments from Erina Fair Shopping Centre, within 10 minutes’ drive to either Terrigal or East Gosford, and absolutely surrounded by retail, commercial, schools, restaurants and public transport, you couldn’t find a more central location on the Central Coast.

THE AREA

Erina is the commercial hub of the Central Coast, and is located about 7kms West of Terrigal and 8kms East of Gosford CBD, in the North Sydney/Central Coast region of New South Wales.

The name Erina means “a place where the initiation ceremony was held”. The area was originally inhabited by the Garingai Aboriginal tribe.

The suburb’s claim to fame is Erina Fair, which was at the time of opening, the largest single level shopping centre in the southern hemisphere. It remains the largest shopping centre on the Central Coast and has been servicing the region since 1987.

The early history of Erina is extremely complex, and littered with financial disasters and dubious dealings. Nowadays, the suburb is mostly a commercial area, with pockets of residential housing.

WHY YOU SHOULD BUY THIS HOME

From it’s considerate size and functionality, massive opportunity and the absolute position, you’ll find that this is the one you can’t stop thinking about; and for good reason.

THE DETAILS:

Council Rates: $316.85pqtr

Water Rates: $265.92pqtr

Land/Unit Size: 519m2 Total

Aspect: South

Age: 1980 Built – 41 Years

Current Lease Breakdown:

1A: Vacant ($420pw expected)

1B: Leased for $240pwk – Expired

Disclaimer: This website has been prepared for marketing purposes only and may be subject to change without notice. The information and illustrations contained in this website are indicative only and is not to be construed as advice, a recommendation or an offer for the sale of property. All interested parties are directed to rely on their own enquiries and consult their professional adviser for the accuracy of all the aspects of the information.

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Property Info:
  • Property ID: L1406330
  • Property Type: House
  • Carports: 2
  • Land Area: 519.0 sqm
We Know Your Area
R&H Suburb Profile: Erina

R&H Suburb Summary Houses
Number of sales 71
Average Price $1,141,474
Median Price $936,000
Median Rental Price $588 p.w.
Change in Rental Rate (5yr) 25 %
R&H Suburb Summary Units
Number of sales 12
Average Price $527,833
Median Price $550,000
Median Rental Price $450 p.w.
Change in Rental Rate (5yr) 13 %
Erina, NSW - Median Trend
$936,000