OFF MARKET

5/265 Park Avenue
Kotara NSW 2289

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 106m2
Land area: 2056m2
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Property Details for 5/265 Park Ave, Kotara

5/265 Park Ave, Kotara is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 2056m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1998
Floor Size
106m2
Land Size
2056m2
Local Government
Newcastle
Lot/Plan
5/SP57301

Last Listing description (September 2023)

Nestled away from the street, at the rear of a boutique complex comprising only six homes, stands this freestanding townhouse, an unexpected gem that will delight both homeowners and savvy investors alike.

Perched above a spacious double garage and boasting ample under-house storage, this townhouse offers a practical three-bedroom layout with an inviting open plan living area, a kitchen equipped with electric cooking, and a well-appointed three-way bathroom. Step out onto the front verandah, a delightful spot to enjoy your morning coffee in peace. For those with young children, furry friends, or a green thumb, the fenced garden enveloping the side and rear of the property will be an absolute delight. Move straight in and enjoy or envision the possibilities of a contemporary makeover that could truly transform this already comfortable abode.

One of its most enticing features is its unbeatable location. Just a stone's throw away, you'll find Westfield and the Homemaker Centre, offering a convenient shopping experience, coffee shops, and a cinema to catch the latest flicks. Indulge your taste buds at the rooftop dining precinct, presenting an array of cuisines from around the world. And if you need to travel to the city, you're in luck! Bus stops are mere footsteps away, making your daily commute a breeze.

- Dual level, freestanding brick and tile townhouse in complex of just six homes
- Open plan living with carpet and air-conditioning accessed via east facing verandah
- Tidy, original kitchen and bathroom spaces
- All three carpeted bedrooms are fitted with built-in robes
- Double lock-up garage and locked storage area under the home
- Great size fenced yard for kids, pets and gardeners
- 600m to Kotara Sth Public School, 1200m to St James Primary, 2.7km to Kotara High
- 8km/15 mins to Newcastle Interchange and Merewether Beach

OUTGOINGS
Council rates: $1,572 approx. per annum
Water rates: $727.2 approx. per annum
Strata rates: $3,888 approx. per annum

***Health & Safety Measures are in Place for Open Homes & All Private Inspections

Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Property History for 5/265 Park Ave, Kotara, NSW 2289

A timeline of how this property has performed in the market
Last Sold
$650,000
11 Aug 2023
Listed for Rent
$500/w
19 Oct 2021
  • 11 Aug 2023
    Sold for $650,000
  • 28 Jul 2023
    Listed for Sale Price Guide on Request
  • 08 Nov 2022
    Listed for Rent - Price not available
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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 1,890 properties. Over the last 5 years, Houses in Kotara have seen a 72.41% increase in median value, while Units have seen a 60.07% increase. As at 31 August 2024:

  • The median value for Houses in Kotara is $970,823 while the median value for Units is $764,590.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Kotara on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Kotara.

Suburb Insights for Kotara 2289

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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.