An immensely lucrative opportunity in one of Toukley's most tightly held pockets. Set on a sprawling 883.8sqm block with R3 Medium Density Zoning, this prime parcel presents endless potential-whether you're looking to develop, renovate, or land bank.
Boasting an impressive 41-metre frontage, the property currently features an original cottage, offering a blank canvas for a full renovation or knockdown rebuild. With water views potentially obtainable from a second storey (STCA), savvy investors will appreciate the chance to capitalise in a rapidly growing lakeside suburb.
Only 150m from Toukley's town centre and just 100m to the lakefront, this is blue-chip real estate in every sense-surrounded by lifestyle, convenience, and future potential.
Key Features:
• 883.8sqm block with R3 zoning – rare development upside (STCA)
• Expansive 41m frontage – ideal for duplex or house/granny potential
• Existing cottage with scope to renovate, extend, or rebuild
• Granny flat potential (STCA)
• Water views from a potential second level
• Short walk to shops, cafes, and lakefront reserve
• First time offered in over 27 years