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Sold on 09 Feb 2024 for $1,375,000

7 Wharf Street
Forster NSW 2428

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 322m2
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Property Details for 7 Wharf St, Forster

Building Type
Commercial
Floor Size
322m2
Local Government
Mid-Coast
Lot/Plan
21/DP611985

Last Listing description (February 2024)

7 Wharf Street Forster is a meticulously maintained two-storey brick commercial property, perfectly situated in the heart of Forster's bustling main street.

This prime location offers unparalleled visibility and convenience for your business endeavours, with a special focus on professional services.

1. Size and Layout:

Spanning across two floors, the property boasts a total of 322 square meters of versatile office space. The ground floor encompasses 161 square meters, featuring a welcoming reception area, partitions for four spacious offices, and a sizable storage section. Upstairs, you'll find an additional 161 square meters of useful space, complete with a balcony that overlooks the lively main street. The upper level includes a large open area, 2 well-appointed bathrooms, and a convenient kitchen space.

2. Versatility for Various Businesses:
Designed with flexibility in mind, this property is suitable for a variety of businesses, particularly those focusing on professional services. Whether you are establishing a law firm, financial consultancy, creative agency, or any other professional service, the layout and ambiance of this space can be tailored to meet your specific needs.

3. Prime Location and Great Exposure:
Enjoy the perks of an unbeatable Forster main street location, offering great exposure for your business. The property's strategic placement ensures high foot traffic and visibility, essential for attracting potential clients and customers.

4. Additional Amenities:
There are 4 parking spaces at the rear of the building, ensuring convenient parking options for both staff and visitors. Ducted air conditioning downstairs and two split systems upstairs guarantee a comfortable working environment throughout the year.

Don't miss this opportunity to establish your business in a versatile space that combines functionality with a prime location.

Property History for 7 Wharf St, Forster, NSW 2428

A timeline of how this property has performed in the market
Last Sold
$1,375,000
09 Feb 2024
Listed for Rent
$1.53k/w
29 Aug 2024
  • 09 Feb 2024
    Sold for $1,512,500
  • 19 Oct 2023
    Listed for Rent $80,000 / year
  • 29 Jul 2015
    Sold for $1,150,000
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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.
There are currently 165 properties listed for sale, and 17 properties listed for rent in Forster on OnTheHouse. According to CoreLogic's data, 436 properties were sold in the past 12 months in Forster.

Suburb Insights for Forster 2428

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Broc Buderus
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Jemma Mcdonald
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FORSTER-TUNCURRY FIRST NATIONAL REAL ESTATE
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.