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Terelj is located about 50km northeast of the capital of Mongolia, Ulaan Baatar. It has bolted climbing, but only a few routes. There are probably hundreds more face lines that could be bolted for those with the desire. There are also many flaring cracks for the trad oriented. Rock here is variable. The crystals are typically large and sharp. The rock is sometimes crumbly, and new routes will probably need significant cleaning.
Camping is cheap and easy here, but there are tourist ger camps available. There is even a four star hotel in the more touristy area of the park.
About a 45 minute drive from UB. You can take a public minibus, which will probably cost less than a dollar. Approaches to climbs are usually short, but next to nothing if you have a 4WD vehicle.