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8-12 Searle Street, Kotara NSW 2289
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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 closing Friday 8 July at 2pm.


*Approximate

Remember to mention you found this property on DevelopmentReady

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