22 Helen St

Forster NSW 2428

1049 m²

1005 m²

Block of units

Currently for sale - view listing

Overview

Block of 6 tenanted units with DA approval

Australian Prime Realtor is pleased to present this rare opportunity to acquire a rare freehold DA Approved site of approx. 1000m2 of prime land, in the highly sought-after coastal destination of Forster, renowned for its relaxed lifestyle, pristine beaches, and strong appeal to both holidaymakers and permanent residents. Positioned within close proximity to the town centre, local amenities, and the lake, the property benefits from its prime beachside location in one of the Mid North Coast's most desirable lifestyle markets. Forster continues to experience consistent demand driven by tourism, population growth, and increasing interest in regional coastal living. The property currently comprises a fully leased block of six residential units, achieving a 100% occupancy rate and providing a secure and immediate income stream. This strong holding income offers investors the benefit of an attractive return from day one, while planning and executing the approved redevelopment. Key Highlights • Expansive 1,005m² site with prime exposure on Helen Street • Development Approval for 14 premium apartments • Zoning: R3 Residential - allowing for multiple outcomes including holiday accommodation and permanent occupancy • Strategic location just moments to pristine beaches, dining, retail and lifestyle amenities • High-demand market with sustained population growth with strong investor and owner-occupier appeal The combination of stable in-place revenue and DA-approved future potential positions the asset as a highly compelling investment, delivering both short-term income security and long-term value creation. For further information or to arrange an inspection, please contact agent. Principal Interest. Hannah Aria 0406 217 777 Australian Prime Realtor