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25 March 2017 Posted by 

WHY TERRIGAL IS BOOMING

Three major projects underway
By Dallas Sherringham
TERRIGAL is undergoing the biggest building boom in its history with three major projects underway.
 
The trio of projects will fundamentally change the face of the seaside town forever. 
 
Taking pride of place is Pine Tree Lane which dominates the area opposite Crowne Plaza, next to Terrigal post office. The $60 million design it provides a combination of 70 luxury apartments with prime retail and restaurant space on the ground floor.
 
Structural work has been completed on the massive construction with the fitting out work now well underway. 
 
Most of the apartments have already been sold off the plan with the marketing company making good use of a display unit on site.
 
The once sleepy backwater area of the bustling resort town, Pine Tree Lane will suddenly come alive with visitors and locals alike when it is completed and opened for business in the coming months.
 
Just down Church Street, a towering crane represents the start of work on the long-awaited development fronting Campbell Crescent. 
 
For many years an abandoned weed covered wilderness in the heart of town, the project will offer one, two and three bedroom apartments with great views. 
 
The third project is sited on the old Country Comfort Motel location on the way into town, opposite the lake. An overseas investor paid $9.6million for the land, the highest value residential site sale on the coast in the last 15 years.
 
Fronting 77m of Terrigal Dr in a prime position, site work on the 10,000 sq m block is well underway.
When completed, it will also offer a range of high quality residential opportunities.
 


editor

Publisher
Michael Walls
michael@accessnews.com.au
0407 783 413

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