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8-12 Searle Street, Kotara, NSW 2289

Name: 8-12 Searle Street, Kotara, NSW 2289
Address: 8-12 Searle Street , NSW, Kotara, NSW, 2289
Telephone: +61 432 741 632

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+10 Photos

+12 Photos

Properties / Buy / New South Wales / Kotara

Development Potential

1. Property Summary

Property Type

Commercial, Child/Healthcare

Land Area

6,050 m² (*approx)

Local Government

Newcastle (C)

Selling Method

Expressions of Interest: Contact Agent

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2. Property Highlights

Significant development opportunity in thriving neighbourhood centre

Combined site area of 6,050m²*
Combined building area of 3,852m²*
Zoned B5 Business Development

8-12 Searle Street is situated on the corner of Park Avenue, Searle Street and McDougall Street in Kotara, the heart of Newcastle's retail hub.

- The property is a freehold site split over two titles and extending over a combined 6,050 square metre* site area. Existing improvements on the site consist of administration and office areas, dry storage, cool room and freezer storage, loading bays, secure hardstand and ample on-site parking.

- This high profile development opportunity is being offered with a leaseback providing the purchaser with income whilst they undertake planning investigations.

- Benefitting from a high volume of passing traffic, the property is underpinned by strong property fundamentals as well as significant surrounding amenity including Westfield Kotara and Kotara Homemaker Centre.

For Sale by Expressions of Interest l For more information, please contact agents.

*Approximate.

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