2 Commerce CourtForster NSW 2428
Property Details for 2 Commerce Ct, Forster
Last Listing description (June 2024)
First National Commercial Shultz/Taree are pleased to offer For Sale 2 Commerce Court, Forster by way of Public Auction.
With a new long lease in place to National tenant Tradelink Pty Ltd, this low maintenance Industrial asset has a strong trading history as a plumbing supply showroom and warehouse servicing the growing areas of Forster, Tuncurry and surrounding towns.
Situated in the heart of Forster's Industrial precinct, this modern building provides for easy customer access and parking along with full concrete hardstand for deliveries and loading.
# Existing Long term tenant – Tradelink Pty Ltd
# New long term lease until 2029 with 2x 5 year options
# 970sqm approx. internal area
# Land Area - 2,326sqm approx.
# Zoned E3 Productivity Support – Mid Coast Council LEP
# Modern showroom, offices, warehouse and mezzanine
# Estimated Net Income: $108,000pa + GST
For further details or to arrange an inspection, please contact Dan Shultz on 0408 653 022.
Auction: In Rooms – Tuesday 25th June, 2024 – auctionWorks - 10.30am, Mezzanine Level, 50 Margaret Street, Sydney
Property History for 2 Commerce Ct, Forster, NSW 2428
- 25 Jun 2024Sold for $2,015,000
- 29 May 2024Listed for Sale Contact Agent
- 20 Sep 2000Sold for $25,000
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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 10,332 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.
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