Located on the main thoroughfare from the South Gippsland Highway to Foster's Main Street, this high exposure site would suit a variety of uses. Currently utilised as a motor mechanics garage with a rental figure of $400 per week + GST being paid for the next 2 years.
The premises measure approx 12m x 22.5m with and comprises a new roof, solar power upgrade, front and side entry points and internal office. The rear of the property has space for further storage.
Invest now and secure the property or plan your future endeavour from this high profile site.
The size of Foster is approximately 116.3 square kilometres. There are 7 parks, covering nearly 1.3% of the total area. The population of Foster in 2016 was 1842 people. By 2021 the population was 2044 showing a population growth of 11.0% in the area during that time. The predominant age group in Foster is 60-69 years. Households in Foster are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Foster work in a professional occupation.In 2021, 75.10% of the homes in Foster were owner-occupied compared with 73.10% in 2016.
Foster has 1,525 properties. Over the last 5 years, Houses in Foster have seen a 11.02% increase in median value, while Units have seen a 15.59% increase. As at 30 June 2026:
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