1 Little Street, Forster, NSW 2428 | Other for sale | OnTheHouse
 
FOR SALE
$1,500,000

1 Little Street
Forster NSW 2428

Bedrooms: 1
Bathrooms: 2
Car spaces: -
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Rare Approved Over-Water Hospitality Development Opportunity Forster Waterfront

Phone enquiries - please call 1300 594 794 and quote property ID 41513.
An extraordinary opportunity to secure a long-term waterfront leasehold in one of Forster’s most prominent positions, with substantial infrastructure already completed and approvals in place for a landmark two-level hospitality and tourism development.
Positioned directly over the water at the edge of Wallis Lake, this unique holding has been associated with boating and waterfront activity for generations. The current owner has held the NSW Crown Lands lease for approximately 50 years and is now offering the opportunity to the market as part of his retirement plans.
The Crown Lands lease has recently been renewed for a further 30 years, with the owner advising that it is renewable, providing a long-term foundation for the next owner to complete and realise the approved development vision.
A substantial new wharf structure has already been constructed, including piers, bearers and joists, with decking required to complete the platform. An approved concrete retaining wall is also in place, together with underground water and power infrastructure.
Importantly, the property benefits from approved plans and development documentation for a substantial two-level commercial development designed to take full advantage of its exceptional waterfront position.
Approved Development Concept
Level One
- Approx. 80-seat café
- Bar and function use
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Property Details for 1 Little St, Forster

1 Little St, Forster is a 1 bedroom, 2 bathroom Other. The place is currently for sale with No Agent Property.

Building Type
Other
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About Forster 2428

The size of Forster is approximately 32.6 square kilometres. There are 44 parks, covering nearly 44.3% of the total area. The population of Forster in 2016 was 13740 people. By 2021 the population was 14187 showing a population growth of 3.2% in the area during that time. The predominant age group in Forster is 70-79 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 2021, 68.20% of the homes in Forster were owner-occupied compared with 66.80% in 2016.

Forster has 10,509 properties. Over the last 5 years, Houses in Forster have seen a 21.13% increase in median value, while Units have seen a 25.39% increase. As at 31 August 2026:

  • The median value for Houses in Forster is $864,781 while the median value for Units is $646,389.
  • Houses have a median rent of $680 while Units have a median rent of $495.
There are currently 132 properties listed for sale, and 25 properties listed for rent in Forster on OnTheHouse. According to Cotality's data, 458 properties were sold in the past 12 months in Forster.

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