4/11-13 Lake StreetForster NSW 2428
Property Details for 4/11-13 Lake St, Forster
Last Listing description (May 2025)
Seize the opportunity to own a versatile commercial property in the heart of the town's vibrant new centre, adjacent to the Solaris Complex and the newly opened library & amenities. Boasting an increase of both foot & vehicle traffic, this corner offers incredible exposure.
The property is currently operating as a busy dry cleaner, and it is available as a going concern upon negotiation or with vacant possession. The rental estimate is $65,000 plus GST and outgoings, yielding a 6.5% net return.
The property is 143sqm plus a personal car space, totalling 157sqm.
The 'Gumtree' complex itself was built in 1977, and is zoned MU1 - Mixed Use, offering flexibility for various business types. The total of six units comprises three retail/commercial and three residential units.
Situated in the bustling new centre of town with easy access and visibility, ideal for attracting customers and tenants. This property offers a rare chance to invest in a growing area, whether you're looking to expand your portfolio or establish a new business, this property provides the perfect foundation for success.
Don't miss out on this exceptional opportunity. Contact us today to arrange a viewing and discuss your options for acquiring this prime commercial property.
Additional Information:
Council Rates - $4,568 Per Annum
Strata Levies - $1,483 Per Quarter
Zoning - MU1 Mixed use
Strata Registered - 1981
Built - 1977
* GST may be applicable.
DISCLAIMER: The information contained in this advertisement has been obtained from sources deemed reliable. However, we do not guarantee its accuracy and recommend that interested parties carry out their own investigations.
Property History for 4/11-13 Lake St, Forster, NSW 2428
- 04 Apr 2025Sold for $895,000
- 30 Jan 2025Listed for Sale $899,000 + GST
- 11 Jul 2024Listed for Sale Contact Agent
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0About 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 10,505 properties.
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