43 Head Street, Forster NSW 2428

$5,000,000 - $5,500,000

Building Area 513 m²

Site Area 1,094 m²

Income $145,600

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Prime coastal development opportunity with holding income

Presenting an exceptional opportunity for developers seeking a premium coastal project in one of NSW's most desirable seaside destinations. The site benefits from an existing DA approval for 26 luxurious apartments, each with secure parking and the majority offering elevated water views across Forster's pristine coastline.

The current improvements comprise a fully leased nine-unit residential complex, generating a gross annual income of $145,600, providing solid holding income while plans are advanced for redevelopment. With its blue-chip location, strong local demand, and approved development scheme, this property represents a rare opportunity to deliver a landmark residential project in the heart of Forster.

- Approved Development – Existing DA approval for 26 luxury apartments, most with elevated water views and secure parking.
- Situated in Forster on the Mid North Coast, renowned for its turquoise waterways, beaches, and relaxed lifestyle.
- Fully leased nine-unit residential complex generating a gross annual income of $145,600.
- Blue-chip location with continued infrastructure investment, strong local demand, and a thriving economy.

*Approximately

DA approval for 26 luxury apartments
Fully leased residential complex
Gross annual income of $145,600

Isaac Reville

Jacob Siever

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