Suites 4 & 5, 12-16 Wallis Street, Forster presents an outstanding opportunity to secure a versatile commercial asset within the heart of Forster's tightly held CBD precinct. Offered across two separate strata titles, the property combines immediate holding income with future leasing upside, making it an ideal acquisition for investors, owner occupiers or buyers seeking an affordable entry into the commercial market.
Positioned within a well established commercial complex surrounded by retail, professional and hospitality operators, the property currently benefits from an existing tenancy within Suite 5 returning approximately $18,200 per annum, while Suite 4 is vacant and presents the opportunity to secure additional rental income or occupy immediately. Based on estimated market rental levels, the property offers potential combined gross income of approximately $36,400 per annum, providing attractive investment fundamentals within a growing Forster market.
- Two adjoining commercial suites offered across two separate strata titles
- Existing tenancy in place providing immediate holding income
- Vacant suite offers leasing upside or owner occupier flexibility
- Potential combined gross income of approximately $36,400 per annum
- Affordable commercial investment within tightly held coastal market
Located within the centre of Forster's CBD, the property enjoys convenient access to surrounding retail amenities, cafés, professional services and the waterfront precinct, all while benefiting from strong pedestrian activity and nearby public parking. Opportunities to secure multi-tenancy commercial assets at this price point remain increasingly limited, particularly within tightly held coastal markets, making Suites 4 & 5, 12-16 Wallis Street an excellent opportunity to secure a flexible and strategic commercial investment.
