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Savills - Sydney CBD

The Lakes Resort, 55 & 57-59 Main Road Toukley, NSW 2263

The Lakes Resort, 55 & 57-59 Main Road,
Toukley, NSW 2263

Hotel & Leisure • Development Sites & Land

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Sale - Expression of Interest

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Savills - Sydney CBD
The Lakes Resort, 55 & 57-59 Main Road
Toukley, NSW 2263
Savills - Sydney CBD
Ollie Ridley
Nick Lower
Selin Ince

Savills - Sydney CBD

Level 25, 1 Farrer Place



Brand New Waterfront Development

  • 30 Newly built self-contained apartments
  • Includes neighbouring property
  • Incl. 20m* pool, spa, steam room & sauna
The Savills NSW Metropolitan Sales Team is pleased to present to the market, the opportunity to acquire “The Lakes Resort” at 57-59 Main Road and the adjoining property at 55 Main Road, Toukley.

Investment Highlights:

- Brand new boutique development comprising 30 self-contained apartments ranging from 1-4 beds with high end finishes and unrivalled water views over Budgewoi Lake to the north and Tuggerah Lake to the south
- The Lakes Resort building is arranged to provide 2,100sq m* of total internal building area over four (4) levels, including 28* onsite car parking spaces.
- Projected net income in excess of $3,000,000* per annum
- Quality resort facilities including a 20m* heated pool, spa, steam room, sauna, coffee shop and a boat ramp for water sport activities
- Includes 55 Main Road which comprises a newly refurbished two spacious apartments and breakfast room which can be used as a manager’s residence or as the Lakes Resort Breakfast/Café Room with 12* onsite car parking spaces
- Units 27 & 28 can be used as an “Owner’s Penthouse” totalling 260sq m* with 4 bedrooms, 2 living areas plus sliding patio doors to almost 100sq m* of north facing balcony space with 360 degree water views across to the Entrance skyline. This will suit owner occupiers of the business or an exquisite trophy residence for the investor to retain for themselves after leasing out the resort.
- The offering provides investors with the ultimate flexibility to lease individually to serviced apartment operators or boutique hotel operators, or to sell each of the approved strata titles individually.
- Ideally located next to major tourist attractions and major retail and lifestyle amenities including restaurants, beaches, cafes, parks and major shopping centres
- Highly desirable Toukley location, being a short 50 minute drive from Sydney's North Shore, a 1 hour 20 minute drive from Sydney CBD and seeing a population growth of 7.8% between 2018 and 2019.

The property is offered for sale by Expression of Interest. Prospective Purchasers are invited to submit an ‘Expression of Interest’ no later than 2pm on Wednesday 12th August 2020.

For further information please contact the exclusive agents below.

Property ID: 503587250Last Updated: 14 Jul 2020

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Savills - Sydney CBD
Savills - Sydney CBD
Level 25, 1 Farrer Place
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Ollie Ridley

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Ollie Ridley
Savills - Sydney CBD
The Lakes Resort, 55 & 57-59 Main Road Toukley, NSW 2263

I’m interested in this property. Could you please provide me with more information.

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