310/312-314 Park AvenueKotara NSW 2289
Property Details for 310/312-314 Park Ave, Kotara
310/312-314 Park Ave, Kotara is a 9 bedroom, 4 bathroom House with 6 parking spaces. The property has a land size of 2848m2.
Last Listing description (September 2017)
The attractiveness of Newcastle as a lifestyle hub has seen unprecedented growth in the construction of new apartments and townhouses in the last few years.
This level block of three adjoining properties on a combined 2848sqm with approximate 46.5m frontage and zoned R2 Low Density Residential represents a unique and tantalizing opportunity to acquire a prime site for builder and developers to deliver a defining multi-unit development (STCA) in one of the citys most popular locations.
Just nine kilometres from the CBD and impressively positioned at the gateway to the Newcastle city bypass, the site offers momentary access to the John Hunter Hospital, Lake Macquarie, Charlestown CBD and two of Newcastle and the Hunter Regions biggest shopping and entertainment destinations at Charlestown Square and Westfield Kotara.
Information memorandum available upon request.
DISCLAIMER
We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.
Property History for 310/312-314 Park Ave, Kotara, NSW 2289
- 14 Jun 2017Listed for Sale Expressions of Interest (under offer)
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0About 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 1,872 properties. Over the last 5 years, Houses in Kotara have seen a 69.56% increase in median value, while Units have seen a 64.67% increase. As at 31 October 2024:
- The median value for Houses in Kotara is $966,003 while the median value for Units is $785,031.
- Houses have a median rent of $700 while Units have a median rent of $650.
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