Kelanbri, 91-95 macintosh Street,
Forster, NSW 2428
Hotel, Motel & Leisure • Other
Price information
Sale - Expression of Interest
Contact Agent
Under Contract
Key property information
Land area
Floor area
Zoning
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$245,000
Number of Tenants
23 Tenants
Tenants / Type
Residential Tenancy
Private inspections
to arrange a private inspection.
Map of Kelanbri, 91-95 macintosh Street
Bus stops within 5 km of Kelanbri, 91-95 macintosh Street, Forster, NSW 2428 Distance Breckenridge St Opp Forster Private Hospital 239 m Macintosh St at Stanley St 325 m Mark St Before Macintosh St 364 m Garden St After Divide St 619 m Forster Bowling Club, Strand St 689 m POWERED BY HERE ©
POWERED BY HERE ©
91-95 Macintosh Street, Forster NSW 2428 Incredible, High Yielding Investment Opportunity
- Commanding landholding
- Strata complex
- Proven track record
Pacific Coast Property Network are delighted to present For Sale 91-95 Macintosh Street, Forster NSW.
• Commanding landholding of 3,038sqm* with combined street frontage of 70m*
• Modern, two-storey strata complex consisting of 23, 1, 2 & 3 bedroom apartments providing secure income from current long term rental leases in place.
• Proven track record of high occupancy levels. Currently 100% leased.
• Current rental income of $245,000 per annum + Outgoings.
• Potential to increase rental income to $350,000 with the end of the National Rental Affordability Scheme (NRAS) in April 2024 (based on market rents currently achieved).
• Rare opportunity for passive holding, refurbishment, development (STCA) taking advantage of Forsters strong rental growth forecast.
• Flexible Medium Density Residential Zone (R3), providing scope for a substantial residential project or alternative use (STCA)
• Strategically located close to the Stockland and Forster CBD retail strips, restaurants, Hospital, and essential community amenities.
• For Sale by Expressions of Interest closing Wednesday 15 March 2024 at 4pm.
Private inspections by appointment only.
*Approx
Contact the Pacific Coast Property Network team today:
Tony McGinley | 0439 490 4...
Emma Jenkins | 0499 338 3...
• Commanding landholding of 3,038sqm* with combined street frontage of 70m*
• Modern, two-storey strata complex consisting of 23, 1, 2 & 3 bedroom apartments providing secure income from current long term rental leases in place.
• Proven track record of high occupancy levels. Currently 100% leased.
• Current rental income of $245,000 per annum + Outgoings.
• Potential to increase rental income to $350,000 with the end of the National Rental Affordability Scheme (NRAS) in April 2024 (based on market rents currently achieved).
• Rare opportunity for passive holding, refurbishment, development (STCA) taking advantage of Forsters strong rental growth forecast.
• Flexible Medium Density Residential Zone (R3), providing scope for a substantial residential project or alternative use (STCA)
• Strategically located close to the Stockland and Forster CBD retail strips, restaurants, Hospital, and essential community amenities.
• For Sale by Expressions of Interest closing Wednesday 15 March 2024 at 4pm.
Private inspections by appointment only.
*Approx
Contact the Pacific Coast Property Network team today:
Tony McGinley | 0439 490 4...
Emma Jenkins | 0499 338 3...
Property ID: 504517344Last Updated: 28 Apr 2024
Kelanbri, 91-95 macintosh Street
Forster, NSW 2428
Pacific Coast Property Network - FORSTER65-67 Wharf Street
FORSTER, NSW 2428
FORSTER, NSW 2428
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