Located in one of Newcastle's strongest commercial and retail precincts, being only 10 minutes from Newcastle CBD. The Property would be well suited to any commercial or bulky retail user who is seeking to capitalise on the main road exposure and close proximity to Westfield Kotara and Kotara Homemaker Centre.
The premises forms part of a complex of six, faces towards Park Avenue and is neighboured by Kotara Family Practice, Aspen, Celebrations, Reece Plumbing and NRMA.
The Property has a building area of approximately 848sqm offering front and rear access plus 22 onsite car spaces. The rear of the property is accessible from Macdougall Street and offers a high clearance roller door for deliveries.
The size of Kotara is approximately 2.6 square kilometres. There are 18 parks, covering nearly 20.1% of the total area. The population of Kotara in 2016 was 3929 people. By 2021 the population was 3980 showing a population growth of 1.3% 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 2021, 77.60% of the homes in Kotara were owner-occupied compared with 80.90% in 2016.
Kotara has 1,905 properties. Over the last 5 years, Houses in Kotara have seen a 41.18% increase in median value, while Units have seen a 33.97% increase. As at 31 July 2026:
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