23 Queen Street, Forbes, NSW 2871

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Block Of Units
Type
6
Bedrooms
3
Bathrooms
3
Parkings
847 m²
Area

Last updated on Wednesday, September 02, 2026 ( See property details for 23 Queen Street, Forbes, NSW 2871)

$795,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare opportunity to acquire a well-maintained block of three two-bedroom units in a prime, flood-free location with long-term tenants and excellent investment potential.

🏡 Property Highlights

  • Set on a generous 847sqm parcel in a sought-after, flood-free pocket of Forbes
  • Three well-maintained two-bedroom units with excellent long-term tenants in place
  • Cleverly oriented to face Grenfell Lane for added privacy and a quiet aspect
  • Each unit features open plan living flowing to the kitchen area
  • Reverse cycle air conditioning in each unit for year-round comfort
  • Lock-up garage with internal access for secure parking

✨ Key Features

  • Garage
  • Air Conditioning
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area / Balcony
  • Secure Parking
  • Internal Laundry
  • Pet-Friendly
  • Low-Maintenance Yard
  • Ensuite

Forbes is a thriving regional town offering a strong community vibe, excellent amenities, and convenient access to the CBD. The area is known for its flood-free status, making it a secure choice for investors. With a mix of established properties and ongoing development, Forbes provides a stable and growing market. The town boasts quality schools, shopping, and recreational facilities, all within easy reach. Its strategic location makes it ideal for those seeking a peaceful lifestyle with strong investment prospects.

What is the current rental income for the units?
The units are currently leased to long-term tenants, providing a steady rental income stream, which can be confirmed with the selling agent.
Are there any recent renovations or upgrades to the units?
The units are well-maintained and have been kept in good condition, with any recent upgrades detailed by the seller or agent.
What are the zoning and planning restrictions for this property?
The property is zoned for residential use within Forbes, with no known restrictions affecting the current use; further details can be obtained from the local council.
Is there any ongoing or upcoming development in the area that could impact the property?
There are no known major developments planned in the immediate vicinity that would affect the property's value or appeal.
What are the average utility costs for the units?
Utility costs vary depending on usage, but the units are equipped with reverse cycle air conditioning for efficient climate control, which can help manage energy expenses.
Are there any hidden costs or strata fees associated with the units? Has the property been inspected for any structural issues or pests? Are there any easements or zoning restrictions that could affect future development? What is the history of maintenance and repairs for the units? Are there any planned infrastructure projects nearby that could cause noise or disruption? Is the property compliant with all local building codes and regulations? Are there any flood or bushfire risks in the area despite its flood-free status? What are the terms of the current lease agreements with tenants? Are there any upcoming changes in council regulations that could impact the property? Is there any history of disputes or issues with the tenants or neighbours?

23 Queen Street, Forbes, NSW 2871 - More Details

Contact agent

Positioned in a sought-after, flood-free pocket of Forbes, 23 Queen Street presents a rare opportunity to secure a quality block of three well-maintained two-bedroom units — all with excellent long-term tenants already in place.

Set on a generous 847sqm* parcel and cleverly oriented to face Grenfell Lane, the property offers added privacy and a quiet aspect for residents while remaining just moments from the CBD.

Each unit features:
Two well-sized bedrooms
Open plan living flowing to the kitchen area
Bathroom with both shower and bath, plus separate toilet
Reverse cycle air conditioning
Lock-up garage with internal access
Compact, low-maintenance rear yard

Designed for easy-care living and consistent rental appeal, this tidy complex is ideal for investors seeking a strong, set-and-forget addition to their portfolio.

Offered to the market for the first time, this is a standout opportunity in a tightly held location close to town.

*approx
Type
Block Of Units
Bedrooms
6
Bathrooms
3
Parkings
3
Area
847 m²

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