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7 Stanley St

Forster NSW 2428

4
2
House
Currently for sale - view listing

Overview

Substantial Return on Investment, Unlimited potential!

7 Stanley Street is an investors dream. Positioned in a highly desirable location, boasting a low-maintenance profile and showcasing two distinct dwellings that are currently tenanted, this property is already providing substantial returns for the savvy investor. On top of the incredible return on investment, this property is also zoned R3 (medium density) residential, allowing further capitalisation subject to council approval. Seize the opportunity to capitalize on a strategic investment that combines impressive rental income now, and potential to further realise greater returns. This opportunity is not just for the investor. This could also provide the perfect springboard for a first home buyer or owner-occupier with immediate need for a residence but aspiring to build a residential portfolio with solid foundations. Key features include: - Two separate dwelling on a 556sqm level block, situated in a highly desirable location - Currently tenanted, offering a combined rental income of $800 per week - Walking distance to Wallis Lake, Forster CBD and Stocklands Shopping Village - Open plan kitchen and living areas - Generously sized bathrooms including free standing bath and separate shower - R3 residential zoning (medium density) your opportunity is unlimited! Call today on 6554 7666 or 0437 802 441 to arrange an inspection. Disclaimer: All information about this property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make their own enquiries in relation to the property and its features.

Features

4 bedrooms
2 bathrooms
House

Property history for 7 Stanley St

2024
Sold
$695,000
01 Jul 2024 by Daniel Cross, of Ray White Forster Tuncurry
2016
Sold
$370,000
13 Sep 2016 by Adam Gersbach, of LJ Hooker Forster-Tuncurry

Happy sellers in Forster

84%
84% of sellers in Forster reported that their sale price either exceeded or met their price expectations.

Forster stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 77 reviews in Forster over the last 12 months.

Local market activity for 4 bedroom houses in Forster

In the last 12 months, 80 four-bedroom houses similar to 7 Stanley St, have been sold.

This represents a 3% increase in four-bedroom houses sales when compared to the previous 12 months.

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