Skip to main content
88 Park Avenue
Kotara NSW 2289
SearchBack to results
Sold on 1 Apr 2021

88 Park Avenue Kotara NSW 2289

  • Offices
  • 1,574 m²
  • Sold

Defensive freehold investment in retail super hub

  • Diversified net income of $477,832*
  • 35 on-grade car spaces
  • Over 90% occupancy

Situated in the heart of Newcastles retail hub Kotara, this highly sought after asset is underpinned by a diverse mix of tenants. The property has excellent exposure within a thriving commercial and retail location with a high volume of passing traffic and within close proximity to Westfield Kotara and Kotara Home Shopping Centre.

The property boasts staggered lease profiles to well known local and national businesses and includes 35 on-site car spaces. Comprising a total net lettable area of 1,573.9sqm* and occupying a commanding site area of 2,412sqm*, the property benefits from a flexible B2 Local Centre zoning under Newcastles LEP.

For Sale by Public Auction | Thursday 25 March 2021 at 10.30am
Ground Floor, 18 Honeysuckle Drive, Newcastle

Inspections of the property will be carried out at the following times on a Monday and Wednesday commencing Monday 22 February through to and including Wednesday 23 March 2021.

Monday: 8.30am-9.15am
Wednesday: 1.30pm - 2.15pm

To ensure safety measures such as social distancing remain a key part of the inspection process for our staff, tenants and other attendees at the inspection, we request you register prior to your preferred inspection time so that we are able to manage the inspection process.

*Approximate.

Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle
Newcastle, NSW 2300

Property Highlights

Date Sold1 Apr 2021
Floor Area1,574 m²
Land Area2,412 m²
EnergyAsk Agent
ParkingAsk Agent
Property ID2016800534
Category
Last updated  1 Apr 2021
Map for 88 Park Avenue Kotara NSW 2289

Nearest transport* to 88 Park Avenue Kotara NSW 2289

Bus
Train
Westfield Kotara, Park Av129 m
Park Av Opp Westfield Kotara133 m
Park Av Opp Lexington Pde137 m
Park Av At Lexington Pde141 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
Did you find this helpful?
Yes
No
Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle
Newcastle, NSW 2300

Property Highlights

Date Sold1 Apr 2021
Floor Area1,574 m²
Land Area2,412 m²
EnergyAsk Agent
ParkingAsk Agent
Property ID2016800534
Category
Last updated  1 Apr 2021

Co-Agents

Michael Chapman
Michael Chapman
Colliers Newcastle
Call
+61 402 724 841
Peter Macadam
Peter Macadam
Colliers Newcastle
Call
+61 402 074 159
Luke Rutledge
Luke Rutledge
Colliers Newcastle
Call
+61 432 741 632
Harry Bui
Harry Bui
Colliers Newcastle
Call
+61 418 477 888

More about 88 Park Avenue Kotara NSW 2289

88 Park Avenue Kotara NSW 2289 is categorized as Office. It has a floor area of 1,574 m². The listing ID for this property is 2016800534.

More Offices properties for Sale in Kotara NSW

Sold
level 1 suite 3/17 arnott street,edgeworth, NSW 2285
90 m²
Offices
Sold$545,000
1/11 alma road,new lambton, NSW 2305
77 m²
Offices
Sold
lot 4, 342 main road,cardiff, NSW 2285
146 m²
Offices