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Newcastle's Premier Commercial Real Estate Agency
58 Marks Point Road presents a genuine development opportunity in one of Lake Macquarie's most tightly held waterside pockets. Sitting on a 1,352sqm* block positioned close to the beach and foreshore, the site currently accommodates a single 3-bedroom, 1 bathroom home with 5 car spaces offering a holding income or comfortable owner occupation while a purchaser progresses their development. Importantly, the site already carries Development Approval for 6 townhouses.
The standout feature of this offering is its Development Consent. Council has already approved a multi dwelling development of 6 townhouses over the site (DA 1332/2023, approved 15 May 2025), removing much of the time, cost and risk typically associated with the DA process. A purchaser can move straight toward construction planning, rather than starting a development application from scratch.
This combination of an approved yield, a substantial landholding and a genuine lifestyle location close to the water makes 58 Marks Point Road a compelling proposition for developers, builders and investors seeking a shovel-ready project in the Lake Macquarie market.
Key Features:
- 1,352sqm* landholding with wide frontage
- Positioned close to the beach and lake foreshore
- DA approved for 6 townhouses (DA 1332/2023)
- Approval granted 15 May 2025
- Existing 3 bed / 1 bath / 5 car home provides holding income
- Lake Macquarie City Council LGA
- 11 car spaces proposed across the approved scheme
- Mix of 2, 3 and 4-bedroom townhouse configurations approved
*Approximately
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