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8-12 Searle Street, Kotara, NSW 2289

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8-12 Searle Street, Kotara, NSW 2289
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8-12 Searle Street, Kotara, NSW 2289

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

Remember to mention you found this property on DevelopmentReady

Read More

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

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

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Luke Rutledge
Luke Rutledge
+61 *** *** *** show +61 432 741 632
Message Message
+61 432 741 632 luke.rutledge@colliers.com Message
Peter Macadam
Peter Macadam
+61 *** *** *** show +61 402 074 159
Message Message
+61 402 074 159 Peter.Macadam@colliers.com Message

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3. Property Location

8-12 Searle Street, Kotara, NSW 2289

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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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8-12 Searle Street, Kotara, NSW 2289 Kotara
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Colliers - Newcastle
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive, Newcastle NSW 2300
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Luke Rutledge
Luke Rutledge
+61 *** *** *** show +61 432 741 632
Peter Macadam
Peter Macadam
+61 *** *** *** show +61 402 074 159
Enquire