Savills News

Unrivalled water views for The Lakes Resort

A brand new boutique waterfront development with unrivalled water views over Budgewoi Lake to the north and Tuggerah Lake to the south is set to hit the market next week.

Known as “The Lakes Resort” 57-59 Main Road, Toukley comprises 28 newly built self-contained apartments with high end finishes. The building is arranged over four (4) levels and includes 28 on-site car parking spaces, quality resort facilities including a 20m heated pool, spa, steam room, sauna, coffee shop and a boat ramp for water sport activities.

The property also includes the neighbouring property at 55 Main Road, a newly refurbished 6-bedroom house which can be used as a manager’s residence or as the Lakes Resort Breakfast/Café Room with 12 on-site car parking spaces.

Ideally located next to major tourist attractions and all major retail and lifestyle amenities including restaurants, beaches, cafes, parks and major shopping centres, the property is for sale exclusively through Ollie Ridley, Nick Lower and Selin Ince of Savills Australia.

According to Ollie Ridley, Sales Executive, Metropolitan & Regional Sales at Savills Australia, “The offering provides investors with the ultimate flexibility to lease individually to serviced apartment operators or boutique hotel operators, or to individually sell the approved 26 strata titles.

“This is a highly desirable Toukley waterfront location is only a short 50 minute drive to Sydney’s North Shore and a 1 hour 20 minute drive from Sydney CBD, and is seeing a population growth of 7.8% between 2018 and 2019,” he said.

The property is located on the main thoroughfare of Toukley and is walking distance to a range of restaurants, pubs, parks and well-known retailers such as Coles, Liquorland and Subway.

The property is conveniently located 3km away from Lake Haven Shopping Centre which is home to leading national and international retailers such as Aldi, Woolworths, Kmart, Flight Centre, McDonalds & Metro Cinemas.

The area is home to a vast range of famous beaches along the eastern coast alongside tourist attractions such as the Norah Head Lighthouse, Wyrrabalong National Park and multiple golf courses and coastal walks.

Selin Ince, Sales Executive, Metropolitan & Regional Sales, at Savills Australia said Toukley has increasingly become one of the most desirable Central Coast locations to visit and live due to its idyllic water views and connectivity to the Pacific Highway & Pacific Motorway to the west of the property.

“Perfectly positioned in one of the most desirable pockets in the Central Coast, Toukley has been dubbed the ‘gem’ of the Central Coast region and is one of the fastest growing and most visited destinations in the region.”

Infrastructure levels are at an all-time high, with education, health and transport facilities being upgraded to meet the growing demand of the region, most recently the multi-million Wyong Hospital redevelopment exemplifies the strong growth prospects of the Central Coast.

According to Nick Lower, State Director - NSW, Metropolitan & Regional Sales at Savills Australia, the Central Coast attracts both International and Domestic visitors and has reported sustained growth in Visitors, Visitor Nights and Overnight Visitor Expenditure over the past three (3) years.

“55-59 Main Road, Toukley, offers an outstanding opportunity for astute investors or hotel/accommodation providers to secure a brand new flagship asset located in one of the most sought after destinations in the Central Coast,” he said.

The property is offered for sale by Expression of Interest. Prospective Purchasers are invited to submit an ‘Expression of Interest’ no later than 13/08/2020.

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