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Overview
Forster
Suites 4 and 5 at 12-16 Wallis Street, Forster, offer a unique opportunity to acquire a versatile commercial property located in the heart of Forster's highly sought-after CBD precinct. This property is presented as two adjoining commercial suites, each held under separate strata titles, providing flexibility for investors, owner-occupiers, or those seeking an affordable entry into the commercial market.
The property benefits from immediate holding income with an existing tenancy in Suite 5, generating approximately $18,200 per annum. Suite 4 is currently vacant, offering potential for additional rental income or immediate occupation by the owner. Together, these suites provide an estimated combined gross income of around $36,400 per annum, reflecting attractive investment fundamentals within a growing regional market.
Key features of this commercial asset include:
- Two adjoining commercial suites across separate strata titles
- Existing tenancy providing immediate income
- Vacant suite offering leasing potential or owner-occupier flexibility
- Potential combined gross income of approximately $36,400 per annum
- Affordable investment opportunity within a tightly held coastal market
Located centrally within Forster's CBD, the property enjoys excellent access to a variety of retail outlets, cafes, professional services, and the nearby waterfront precinct. The location benefits from strong pedestrian traffic and convenient public parking, enhancing its appeal for commercial tenants or owner-occupiers.
Opportunities to acquire multi-tenancy commercial properties at this price point are increasingly rare, particularly in coastal markets with limited availability. This offering represents a strategic and flexible investment option with both immediate income and future leasing upside.
Overall, Suites 4 and 5 at 12-16 Wallis Street provide a compelling commercial investment or occupancy opportunity in a prime regional location, combining affordability, income potential, and excellent market positioning.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Forster NSW 2428
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 68 m² |
Market Insights for Forster NSW 2428
Other properties in this postcode
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