SOLD
Sold on 23 Nov 2023 for $2,695,000

1 Mcdougall Street
Kotara NSW 2289

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 98m2
Land area: 1726m2
Sold By
Steve Dick
MOVABLE - Commercial
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Property Details for 1 Mcdougall St, Kotara

Building Type
Commercial
Year Built
1995
Floor Size
98m2
Land Size
1726m2
Local Government
Newcastle
Lot/Plan
20/DP230954

Last Listing description (November 2023)

Situated just off Park Ave Kotara is the old Bells Ice Works. Now vacant, as the owners have built a new state of the art facility at Tomago, they are keen to move this property on.

Comprising (4) different buildings (3) of which are interlinked in an (L) shape around a truck yard. These could be easily reclad and brought up to a modern standard. One of these buildings is a 182m2 high clearance freezer room with the equipment (refrigeration motors) still in tact.

Located at the front of the property is a free standing (3) bedroom brick house, which could easily serve as an office building. The cladding of the building is not in good shape.

The other option could be to utilise the 1,726m land parcel to design and build your own facility in an easily accessible prestige location.

Property History for 1 Mcdougall St, Kotara, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$2,695,000
23 Nov 2023
  • 23 Nov 2023
    Sold for $2,695,000
  • 29 Sep 2023
    Listed for Sale Contact Agent
  • 16 Dec 2010
    Sold for $916,667
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About Kotara 2289

The size of Kotara is approximately 2.6 square kilometres. It has 18 parks covering nearly 20.1% of total area. The population of Kotara in 2011 was 3,916 people. By 2016 the population was 3,928 showing a population growth of 0.3% in the area during that time. The predominant age group in Kotara is 40-49 years. Households in Kotara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kotara work in a professional occupation. In 2011, 81.7% of the homes in Kotara were owner-occupied compared with 80.9% in 2016.

Kotara has 1,889 properties.

    There are currently 6 properties listed for sale, and 1 property listed for rent in Kotara on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in Kotara.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.