24 West Street Forster, 2428 NSW
Income Today, Develop Tomorrow - Prime Forster CBD Site
Positioned in the very heart of Forster's vibrant town centre, this rare investment opportunity offers immediate income with exciting future upside.
Set on a 446m2 parcel with sought-after B4 Mixed Use zoning, this older-style complex comprises five fully-tenanted rental properties, all delivering strong, consistent returns.
Whether you're looking to secure a set-and-forget investment or landbank in a premium coastal location, this property ticks all the boxes.
Perfectly located in West Street, you're just a short stroll to Forster's pristine waterways, cafes, restaurants, shops, and essential services. The appeal of this central location ensures ongoing tenant demand while also enhancing the long-term development potential of the site.
With flexible B4 Mixed Use zoning, the property presents a range of possibilities (STCA), including redevelopment, commercial integration, or a modern residential project designed to capitalise on the highly desirable coastal lifestyle.
Key Features:
446m2 site in prime town centre location;
B4 Mixed Use zoning offering excellent future potential (STCA);
Five established rental properties with strong returns;
Fully tenanted – immediate income stream;
Walking distance to beaches, waterways, cafes, and shopping precinct;
High-demand location with exceptional growth potential.
Opportunities like this in such a tightly-held pocket of Forster are incredibly rare. Secure your foothold in one of the Mid North Coast's most desirable coastal hubs while unlocking the potential for future development.
Contact David Hochkins a call on 0437 546 302 to find out more.
Disclaimer: All information contained herein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.
Sold $1,600,000
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Inspection of this property is available strictly by arrangement only.
Contact
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David Hochkins