49-51 Wharf StreetForster NSW 2428
Property Details for 49-51 Wharf St, Forster
Last Listing description (May 2019)
Situated on the main retail strip of Forster is this fantastic investment opportunity located next door to ANZ Bank and only moments to Forsters beautiful beaches and waterways.
The current tenant has been in occupation for over 16 years and has a lease with options until 2032.
Currently configured with ground floor retail and showroom space which benefits from rear lane access with a loading dock. There is additional office space and amenities on the first floor.
- Premium main street location
- Leased to Amcal Pharmacy
- Annual income $162,720 net pa + outgoings + GST
- Building area 435sqm (approx.)
- Council car park at rear of the property
- Zoned B2 Local Centre
For Sale by Expressions of Interest closing Thursday 04 April at 4pm
(NPP)
Property History for 49-51 Wharf St, Forster, NSW 2428
- 22 May 2024Sold for $3,100,000
- 12 Apr 2019Sold for $2,300,000
- 22 Feb 2019Listed for Sale Not Disclosed
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0About 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 10,329 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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