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Sold on 04 Nov 2024 - Price Unavailable

11-13 Underwood Road
Forster NSW 2428

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
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Property Details for 11-13 Underwood Rd, Forster

11-13 Underwood Rd, Forster is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 8 bedroom BlockOfUnits sold in Forster in the last 12 months.

Building Type
BlockOfUnits
Local Government
Mid-Coast
Lot/Plan
8/2/DP21515

Last Listing description (November 2024)

Planning for the future can be confusing and a little overwhelming, but no matter which financial adviser you consult, they all emphasize the importance of BLUE-CHIP investments.
Enter 11-13 Underwood Road, Forster. This is a once-in-a-lifetime opportunity to acquire a rare investment property comprising four two- bedroom apartments over two blocks of land in the prestigious blue-chip location of One Mile Beach, Forster. Positioned directly across from the beach with the waves lapping just metres away, each apartment offers breathtaking ocean views, making this a dream investment for those seeking high rental returns or a prime site for future development.

Key Features Include:

- Four 2-bedroom apartments, each featuring good-sized living areas, 1 bathroom, and an elevated north-east facing aspect, ensuring natural light and sweeping ocean views.
- Blue chip location, directly across from the pristine One Mile Beach, offering easy access to golden sands and crystal-clear waters.
- Development potential, Ideal for investors or developers looking to capitalize on the site's incredible location and growth potential.
- Strong rental returns from a highly desirable beachfront area.
- Just a short stroll to the Forster Golf Course and a quick drive to shops, restaurants, and boutique shopping, this property offers the best of coastal living.

Don't miss this rare chance to secure an outstanding investment in one of Forster's most sought-after beachfront locations Call 6554 7666 to talk to our sales team or arrange an inspection today.

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 enquirers in relation to the property and its features.

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Property History for 11-13 Underwood Rd, Forster, NSW 2428

A timeline of how this property has performed in the market
Last Sold
04 Nov 2024
Listed for Rent
$230/w
11 Jul 2015
  • 04 Nov 2024
    Sold
  • 03 Oct 2024
    Listed for Sale Silent Auction ends 31st October at 3pm
  • 28 Feb 2022
    Sold
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About Forster 2428

The size of Forster is approximately 32.6 square kilometres. It has 44 parks covering nearly 44.3% of total area. The population of Forster in 2011 was 13,117 people. By 2016 the population was 13,749 showing a population growth of 4.8% in the area during that time. The predominant age group in Forster is 60-69 years. Households in Forster are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forster work in a professional occupation. In 2011, 67.1% of the homes in Forster were owner-occupied compared with 66.8% in 2016.

Forster has 10,324 properties. Over the last 5 years, Houses in Forster have seen a 47.93% increase in median value, while Units have seen a 53.05% increase. As at 31 October 2024:

  • The median value for Houses in Forster is $849,805 while the median value for Units is $581,476.
  • Houses have a median rent of $620 while Units have a median rent of $445.
There are currently 164 properties listed for sale, and 16 properties listed for rent in Forster on OnTheHouse. According to CoreLogic's data, 439 properties were sold in the past 12 months in Forster.

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