24 Head Street
Forster NSW 2428
FOR SALE: $6,500,000
DA Approved Prominent Forster Development Site
– DA Approved for 29 Luxury Apartments
– Prominent position on the corner of Head & West Streets approx. 140m from Forster Main Beach & 250m from Wharf Street (Forster’s Main Street)
– Beach views from all units in the DA Approved development from Level 1 & above (along the West Street corridor)
– Annual income from the existing Motor Inn $355,000
Spanning approximately 2017sqm, this DA approved site stands out as one of the few remaining parcels suitable for substantial new development in the area, positioned to capture both sweeping ocean & lake views. Being in close proximity to local amenities adds to the appeal of a development with both Wharf Street & the Forster Civic Precinct (under construction) approx. 250m away.
Currently the Great Lakes Motor Inn operates from the site. The Motor Inn comprises of 32 air-conditioned rooms, partially renovated, all with own bathroom & kitchenette. Motor Inn income in FY25 above $355,000.
To request an Information Memorandum pls contact Matthew Thompson at the Professionals Forster Tuncurry on 0407 209 157.
Related Information & Disclaimers
Property ID: 1391457