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
