OFF MARKET

119 Alexandra Street
Kurri Kurri NSW 2327

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 736m2
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Property Details for 119 Alexandra St, Kurri Kurri

119 Alexandra St, Kurri Kurri is a 3 bedroom, 2 bathroom House. The property has a land size of 736m2. While the property is not currently for sale or for rent, it was last sold in January 2014.

Building Type
House
Land Size
736m2
Local Government
Cessnock
Lot/Plan
2/1/DP4383

Last Listing description (July 2024)

A great opportunity now and plenty of potential for the future.
This holding consists of 2 blocks of land, one block of 698m2 with a substantial building and the other 733 m2 which is currently a car park with space for approx. 20 cars. From a business perspective this is quite a unique proposition in a high growth area.

The property is boundary fenced as one, and has excellent exposure should you wish to advertise to passing traffic on a main arterial road (subject to CCC approval). The building is accessible-friendly with ramps to the foyer and accessible bathroom facilities.

Internally the building has a large entry foyer, 2 bathrooms (one with a shower), kitchen facilities, 3 office spaces and a very large open planned office area. This area lends itself to more partition walls if required. There is an abundance of air conditioning units, ceiling fans and internal IT cabling already installed.
The zoning is R2 Low Density Residential with permitted uses in this zone of Boarding houses; Centre-based childcare facilities; Community facilities; Dwelling houses; Educational establishments; Environmental facilities; Exhibition homes: Exhibition villages; Group homes; Health consulting rooms; Home-based childcare; Home businesses; Home industries; Hospitals; Neighbourhood shops; Places of public worship; Recreation areas; Residential accommodation; Respite Day care centres.
The property is ideally located just 6 minutes or 3.1 kms to the Kurri Kurri interchange of the M1 Hunter Expressway and approx. 40 mins or 40 kms to the CBD of Newcastle.
Occupy it yourself, share the premises with other like businesses, lease it out whilst you make some plans for further development and have comfort in the prospect of being able to sell the properties separately in the future should you wish. So many options, this property will appeal to the astute investor.

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Property History for 119 Alexandra St, Kurri Kurri, NSW 2327

A timeline of how this property has performed in the market
Last Sold
$632,500
10 Jan 2014
  • 26 Jul 2024
    Listed for Sale EXPRESSIONS OF INTEREST - CLOSING DATE - 23 August
  • 14 Jan 2020
    Sold
  • 10 Jan 2014
    Sold for $632,500
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About Kurri Kurri 2327

The size of Kurri Kurri is approximately 5.2 square kilometres. It has 12 parks covering nearly 8.1% of total area. The population of Kurri Kurri in 2011 was 5,771 people. By 2016 the population was 6,040 showing a population growth of 4.7% in the area during that time. The predominant age group in Kurri Kurri is 20-29 years. Households in Kurri Kurri are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kurri Kurri work in a trades occupation. In 2011, 64.7% of the homes in Kurri Kurri were owner-occupied compared with 62.1% in 2016.

Kurri Kurri has 3,131 properties. Over the last 5 years, Houses in Kurri Kurri have seen a 81.71% increase in median value, while Units have seen a 82.22% increase. As at 31 October 2024:

  • The median value for Houses in Kurri Kurri is $584,973 while the median value for Units is $469,639.
  • Houses have a median rent of $480 while Units have a median rent of $420.
There are currently 19 properties listed for sale, and 12 properties listed for rent in Kurri kurri on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Kurri kurri.

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