This is a rare and exciting opportunity to secure a unique slice of waterfront reserve in one of Toukley’s most prestigious and tightly held streets. Set on a generous 623sqm block, this remarkable property boasts unlimited future potential and a variety of options for its new owner.
The main residence is a spacious three-bedroom home, currently leased and generating immediate rental income. Featuring an oversized, light-filled living area and a modern kitchen, it's ready to enjoy as-is or enhance further down the track.

The separate studio offers two bedrooms and stunning lake views. Whether you're accommodating extended family, creating a guest house or holiday rental, or planning a future studio conversion or redevelopment (STCA), the possibilities are endless.
Step outside and stroll across your private waterfront reserve access to the peaceful shores of Budgewoi Lake — an ideal setting for kayaking, fishing, or simply relaxing as the sun sets.
Enjoy unbeatable convenience with Toukley Golf Club just a short walk away, and local shops, cafés, schools, the RSL Club, sporting fields, and Norah Head’s pristine surf beaches all just minutes from your doorstep.

So, if you’re looking for an investment, multi-generational living, or the ultimate knock-down rebuild site — this versatile waterfront property is ready for its next chapter.
Property Highlights:
• Versatile options on a 623sqm waterfront reserve block
• Main residence: 3 bedrooms, oversized living, modern kitchen, currently tenanted
• Studio: 2 bedrooms, stunning lake outlook, flexible use for family, guests, or home office
• Direct private access across the reserve to Budgewoi Lake — ideal for water activities and sunset views
• Premier location in one of Toukley’s most desirable streets
• Ample off-street parking and low-maintenance grounds
• Walk to Toukley Golf Club, close to shops, cafés, schools, and RSL Club
• Short drive to Norah Head’s surf beaches

An excellent lifestyle property, future redevelopment site (STCA), or promising investment.
Key Features
Council Rate: $2534 Per Annum Approximately
Water Rates: $2126 Per Annum Approximately
Current Rent: 3-bedroom residence $525 Per Week
Market Rent: 3-bedroom residence $550 Per Week Approximately

DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, Dotcom Property Sales, does not make any representation as to the accuracy of any of the information contained in the advertisement, does not accept any responsibility or liability, and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.