191 Main Road Toukley, 2263 NSW

Exceptional DA-Approved Development Opportunity with Panoramic Water Views

Phone enquiries - please call 1300 594 794 and quote property ID 41195.

An outstanding opportunity to secure a beautiful 3-bedroom property with DA approval for a 4-storey shop top building, seven villa style luxury residences, comprising 6 x two-bedroom units plus an oversized 3-bedroom penthouse, together with a ground-floor commercial premises, positioned in one of Toukley’s most desirable and rapidly evolving locations.

A major advantage is that the lengthy approximately two-year DA process has already been completed through council, significantly reducing planning risk, delays and uncertainty. The project is now all ready to progress toward construction.

The approved development has been carefully designed from the feasibility stage with a strong focus on minimising construction costs, maximising build quality and improving overall project feasibility.
This project has been carefully considered to balance construction economics, premium design, marketability and profitability.

The site is flat and highly workable, allowing for simpler and more efficient construction. Importantly, the approved design incorporates no basement, avoiding many of the substantial costs associated with excavation, shoring, retaining structures, waterproofing and complex basement construction.

The result is a development concept that combines premium architectural appeal with practical construction efficiencies, giving developers the opportunity to deliver a high-quality end product while maintaining strong control over construction costs and development margins.

The property is currently leased at $600 per week, providing holding income while the purchaser prepares for construction.

Key Development Highlights

* DA approved for 7 luxury residences (6 x two-bedroom units plus 1 x oversized 3-bedroom penthouse plus a ground-floor commercial premises)
* Existing 3-bedroom property currently leased for $600 per week
* Approximately two-year DA process already completed
* Efficient design aimed at reducing structural complexity and unnecessary building costs
* Premium architectural appeal with strong resale and rental potential
* Excellent opportunity for developers, builders and property investors

Spectacular Panoramic Water Views

One of the development’s strongest features is its exceptional position surrounded by water.

The property enjoys water views from multiple directions, with the approved design created to maximise these outlooks throughout the development. The upper levels are positioned to capture expansive panoramic water views, enhancing the lifestyle appeal and potential value of the completed residences.

Natural light, open outlooks and surrounding waterways give the development a distinctive coastal character that is difficult to replicate.

Prime Toukley Location & Strong Growth Potential

Toukley is an increasingly sought-after Central Coast lifestyle and tourism destination, benefiting from its waterfront setting, beaches, lakes and convenient access to surrounding coastal attractions.

The property is located close to public transport, shopping, cafés, restaurants, schools, medical facilities and everyday amenities, providing future residents with excellent convenience.

It is also positioned directly opposite the Beachcomber Hotel, one of the area’s most recognisable waterfront hospitality destinations.

With growing demand, strong lifestyle appeal and continued development across the Central Coast, Toukley presents an attractive environment for residential development and investment.

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For Sale EXPRESSIONS ON INTEREST BY 25TH SEPTEMBER 2026

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