24 Head Street, Forster, NSW 2428 | Commercial for sale | OnTheHouse
 
FOR SALE
$6,500,000

24 Head Street
Forster NSW 2428

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2017m2
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DA Approved Prominent Forster Development Site

- DA Approved for 29 Luxury Apartments
- Prominent position on the corner of Head & West Streets approx. 140m from Forster Main Beach & 250m from Wharf Street (Forster's Main Street)
- Beach views from all units in the DA Approved development from Level 1 & above (along the West Street corridor)
- Annual income from the existing Motor Inn $355,000
Spanning approximately 2017sqm, this DA approved site stands out as one of the few remaining parcels suitable for substantial new development in the area, positioned to capture both sweeping ocean & lake views. Being in close proximity to local amenities adds to the appeal of a development with both Wharf Street & the Forster Civic Precinct (under construction) approx. 250m away.
Currently the Great Lakes Motor Inn operates from the site. The Motor Inn comprises of 32 air-conditioned rooms, partially renovated, all with own bathroom & kitchenette. Motor Inn income in FY25 above $355,000.
To request an Information Memorandum pls contact Matthew Thompson at the Professionals Forster Tuncurry on 0407 209 157.

Property Details for 24 Head St, Forster

Building Type
Commercial
Land Size
2017m2
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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 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 10,441 properties. Over the last 5 years, Houses in Forster have seen a 40.70% increase in median value, while Units have seen a 36.81% increase. As at 30 November 2025:

  • The median value for Houses in Forster is $861,618 while the median value for Units is $583,828.
  • Houses have a median rent of $650 while Units have a median rent of $450.
There are currently 124 properties listed for sale, and 15 properties listed for rent in Forster on OnTheHouse. According to Cotality's data, 517 properties were sold in the past 12 months in Forster.

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Matthew Thompson
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Professionals Forster Tuncurry
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