For sale

7 Stanley Street,
Forster 2428, New South Wales

4 bedrooms
2 bathrooms
House

$749,000


Property details

Substantial Return on Investment, Unlimited potential!

7 Stanley Street is an investors dream. Positioned in a highly desirable location, boasting a low-maintenance profile and showcasing two distinct dwellings that are currently tenanted, this property is already providing substantial returns for the savvy investor.

On top of the incredible return on investment, this property is also zoned R3 (medium density) residential, allowing further capitalisation subject to council approval. Seize the opportunity to capitalize on a strategic investment that combines impressive rental income now, and potential to further realise greater returns.

This opportunity is not just for the investor. This could also provide the perfect springboard for a first home buyer or owner-occupier with immediate need for a residence but aspiring to build a residential portfolio with solid foundations.

Key features include:
- Two separate dwelling on a 556sqm level block, situated in a highly desirable location
- Currently tenanted, offering a combined rental income of $800 per week
- Walking distance to Wallis Lake, Forster CBD and Stocklands Shopping Village
- Open plan kitchen and living areas
- Generously sized bathrooms including free standing bath and separate shower
- R3 residential zoning (medium density) your opportunity is unlimited!

Call today on 6554 7666 or 0437 802 441 to arrange an inspection.

Disclaimer: All information about this property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make their own enquiries in relation to the property and its features.

Inspections


Explore the area


School catchments

  • Holy Name Primary School Primary K-6 Catholic 1.2km
  • Forster Public School Primary K-6 Government 1.5km
  • Tuncurry Public School Primary K-6 Government 2.9km
  • Nabiac Public School Primary K-6 Government 16.3km
  • Pacific Palms Public School Primary K-6 Government 16.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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