Property Location: Situated at 19 Douglas Avenue, Forster NSW 2428, this prime development site is just a short walk away from the picturesque Wallis Lake, offering residents the charm of coastal living with waterfront restaurants and swimming close by Property Size and Dimensions: Boasting an expansive level land area of 1,109m2, the property offers numerous opportunities due to the size of the parcel of land on offer. Currently, the property includes a house with two separate units with one under lease. Zoning and Land Use: The property is strategically zoned as R3 Medium Density Residential. This zoning presents a world of possibilities for those with development aspirations, aligning with medium-density residential projects, subject to local planning guidelines and regulations. Development Potential: The development potential for this site is significant, offering the chance to create a multi-unit residential complex or explore other medium-density residential opportunities. Surrounding Area: The neighborhood is close to the Little Street redevelopment which is currently undergoing extensive work to the boardwalk which will eventually traverse along the length of Little Street. The revitalisation of the nearby medical precinct and aged care facilities continues to add value to the surround properties. Investment Potential: Investors and developers will find this property to be a compelling opportunity with the potential for significant returns. The site's strategic location and development prospects make it an ideal investment choice. Don't miss out on the chance to shape the future of this exceptional development site in the heart of Forster. Contact us today to discuss your vision and secure this remarkable investment opportunity.