22-24 Helen Street
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About this property
Australian Prime Realtor is pleased to present this rare opportunity to acquire a rare freehold DA Approved site of approx. 1000m2 of prime land, in the highly sought-after coastal destination of Forster, renowned for its relaxed lifestyle, pristine beaches, and strong appeal to both holidaymakers and permanent residents. Positioned within close proximity to the town centre, local amenities, and the lake, the property benefits from its prime beachside location in one of the Mid North Coast's most desirable lifestyle markets. Forster continues to experience consistent demand driven by tourism, population growth, and increasing interest in regional coastal living. The property currently comprises a fully leased block of six residential units, achieving a 100% occupancy rate and providing a secure and immediate income stream. This strong holding income offers investors the benefit of an attractive return from day one, while planning and executing the approved redevelopment. Key Highlights • Expansive 1,005m² site with prime exposure on Helen Street • Development Approval for 14 premium apartments • Zoning: R3 Residential - allowing for multiple outcomes including holiday accommodation and permanent occupancy • Strategic location just moments to pristine beaches, dining, retail and lifestyle amenities • High-demand market with sustained population growth with strong investor and owner-occupier appeal The combination of stable in-place revenue and DA-approved future potential positions the asset as a highly compelling investment, delivering both short-term income security and long-term value creation. For further information or to arrange an inspection, please contact agent. Principal Interest. Hannah Aria 0406 217 777 Australian Prime Realtor
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 9
- Bathrooms
- 6
- Parking
- 6
- Land Area
- 1005 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Forster
This 9-bedroom land in Forster, NSW 2428 sits within reach of public transport, local shops and nearby schools. It is listed 89% below the $875,000 median of 71 comparable landswithin 5 km.
Schools near Forster
- Forster Public Schoolprimary · K-6 · CoEd
- Holy Name Primary Schoolprimary · K-6 · CoEd
- Great Lakes College Forster Campussecondary · 7-10 · CoEd
What's nearby
- The Lakes Way at Kenrose St (bus) — 2.7 km away
- Woolworths — 1.8 km away
- Marcel Terry Reserve — 1.9 km away
- Wyuna Reserve — 3.1 km away
- Elouera Reserve — 3.2 km away
Forster at a glance
Full suburb profile- Population
- 14,187
- Median age
- 57
- Household income
- $1,009/wk
- Median rent
- $340/wk
- Median mortgage
- $1,733/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Forster price trend
Median sold · House 3 bed
Compound growth +2.8% / yr over 4 yrs
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Full Forster marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
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