3 Commerce CourtForster NSW 2428
Property Details for 3 Commerce Ct, Forster
Last Listing description (February 2024)
Industrial Property Overview:
* Total land area of approximately 2850 sqm with a building size of approximately 1297 sqm.
* Subdivision potential subject to Council Approval (STCA).
* Metal cladded structure with high roller doors.
* Rare chance to purchase an industrial property with numerous possibilities.
* GST may be applicable
Property Highlights:
This industrial property offers a substantial land and building footprint, providing excellent potential for various industrial uses or subdivision opportunities (STCA). The property is currently under a long-term lease agreement, ensuring a stable income for the foreseeable future.
The metal cladded building boasts high roller doors, ensuring easy access for logistical operations. Its size and layout offer endless options for development or utilization, making it an attractive investment prospect for those seeking a secure, income-generating asset with room for expansion.
Strategically located and equipped with features ideal for industrial activities, this property represents a rare opportunity in today's market. Whether considering immediate rental income or long-term development potential, this property stands as a valuable investment option.
Please contact Torge Struwe on 0490 401 410 if you have further questions, or to arrange a private inspection.
Property History for 3 Commerce Ct, Forster, NSW 2428
- 19 Feb 2024Sold for $1,500,000
- 13 Dec 2023Listed for Sale $1,500,000
- 21 Oct 2003Sold for $830,000
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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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