MUST READ - For buyers seeking panoramic lake views (T1, T2, T11), low-maintenance living and the quality of a brand-new home in one of Teralba’s most desirable lakeside pockets, Freshwater Terraces delivers a rare and highly appealing opportunity. Designed by Torren Bell and built by award-winning Hunter Coast Homes, this exclusive boutique development of just 12 architecturally designed townhomes has been carefully planned to maximise light, space and its elevated easterly outlook over Lake Macquarie.
Freshwater Terraces combines contemporary coastal style with premium craftsmanship and practical everyday living. Each residence has been thoughtfully designed with high ceilings, quality finishes and carefully selected fixtures and accessories throughout, creating a sense of sophistication rarely found in townhouse living. Features including solid core internal doors, plaster set cornices, modern lighting, stone benchtops and stylish designer inclusions further elevate the homes and reflect the quality of construction throughout the development.
The spacious open-plan interiors seamlessly connect the kitchen, dining and living zones, creating bright and inviting spaces equally suited to relaxed family living or entertaining guests. Large balconies, courtyards and outdoor entertaining areas extend the living outdoors, allowing residents to enjoy sweeping district and lake views in a peaceful setting.
At the centre of each home is a beautifully appointed kitchen featuring stone benchtops, premium appliances, generous storage and breakfast bar seating for casual dining. Modern comforts including air-conditioning, NBN connectivity, internal laundries and secure garage parking ensure every terrace is move-in ready with comfort and convenience already built in.
Upstairs, the master suites provide a private retreat complete with walk-in robes, ensuites and balconies where the lake outlook becomes part of everyday life. Flexible floorplans also include additional bedrooms, rumpus rooms or study spaces, making these homes ideal for professionals, couples, downsizers, investors and growing families alike.
Residents of Freshwater Terraces also enjoy exclusive access to a shared inground swimming pool, adding a genuine resort-style lifestyle element without the maintenance demands of a larger property. The location further enhances the appeal, with Lake Macquarie’s boating, fishing, walking trails and waterfront parklands only moments away. Teralba village shops, cafés, schools and the train station are all nearby, while Toronto, Warners Bay, Charlestown and Newcastle remain within easy reach.
Importantly for investors, the proposed 2026 Federal Budget changes continue to favour new residential developments, with eligible brand-new properties retaining access to negative gearing benefits and allowing investors to choose the existing 50% Capital Gains Tax discount structure. This further strengthens the long-term investment appeal of Freshwater Terraces as a premium new-build opportunity in a tightly held lakeside location.
Construction is well underway, with project completion anticipated in June 2026 and settlements expected between August and September 2026, providing buyers the opportunity to secure a premium brand-new lakeside residence ahead of completion.
With only a limited number of homes remaining, Freshwater Terraces represents a rare opportunity to secure boutique lake-view living in a tightly held location where quality new developments are seldom released.
Remaining Available Residences
Terrace 1 — $1,095,000
2 or 3 Bed | 2 Bath | Optional Rumpus | 1 Car + Visitor Parking | 250m² Total
Positioned to capture sweeping lake views with spacious indoor-outdoor living and flexible floorplan options.
Terrace 2 — $1,150,000
2 or 3 Bed | 2 Bath | Optional Rumpus | 1 Car + Visitor Parking | 240m² Total
Premium lake-view residence offering flexible living spaces and generous proportions throughout.
Terrace 3 — $1,050,000
3 Bed | 2 Bath | 1 Car + Visitor Parking | 218m² Total
Low-maintenance family-friendly design with open-plan living and elevated district outlooks.
Terrace 4 — $1,085,000
3 Bed | 2 Bath | 1 Car + Visitor Parking | 215m² Total
Contemporary design with practical living spaces, private outdoor areas and quality finishes.
Terrace 5 — $1,085,000
3 Bed | 2 Bath | 1 Car + Visitor Parking | 226m² Total
Generous internal living areas with seamless indoor-outdoor flow ideal for entertaining.
Terrace 6 — $1,000,000
3 Bed | 2 Bath | 1 Car | 213m² Total
Outstanding value within the development, perfect for buyers seeking modern low-maintenance lakeside living.
Terrace 11 (Lot 8) — $1,095,000
3 Bed | 2 Bath | 1 Car + Visitor Parking | 261m² Total
Premium elevated residence with expansive outdoor space, impressive lake views and one of the most desirable positions within the development.
Secure your place at Freshwater Terraces today and enjoy the perfect balance of premium finishes, modern design, resort-style amenities and relaxed lakeside living in the heart of Teralba.
