1/56 Amanda Cres, Forster NSW 2428

Quiet villa in established Forster pocket | 773m² lot with privacy and low upkeep | Long-term tenant in place | Bushfire and flood overlays present This property offers a rare combination of a generous 773m² lot with low-maintenance design in a well-established Forster residential pocket, making it competitively positioned for downsizers or investors seeking immediate rental income. The long-term tenancy provides cash flow from settlement, while the fully fenced yard, private courtyard, and shed add practical appeal. The primary bedroom with walk-in robe and ensuite, plus open-plan living with reverse-cycle air conditioning, target buyers wanting comfort without outdoor upkeep. Its location near waterways and schools strengthens its lifestyle and resale potential. The bushfire and flood overlays introduce specific insurance and due diligence costs that a buyer must quantify before proceeding, as these can affect long-term holding expenses. The property’s value sits near the lower end of the estimated range, suggesting limited short-term capital growth without renovation or rezoning. The opportunity lies in retaining the tenancy for stable yield or, if owner-occupying, leveraging the lot size for future subdivision potential subject to council approval. Hold for income or improve the interior to lift equity.