243 Park Avenue Kotara, NSW 2289

Sold $650,000
Bed3
Bath1
Car1

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Property Details

Property Description

Primly positioned in one of the most iconic locales of Kotara, this rare opportunity to secure a development site is now available.

The DA approved and CC ready (CC subject to S.94 & Home Owners Warranty) boutique 4 unit site presents a great opportunity for an incoming developer to capitalise on the booming demand from owner occupiers leaving metropolitan areas seeking a lifestyle change. With the DA approved and the CC only subject to S.94 and Home Owners Warranty the heavy lifting has been done, making it a fantastic opportunity for those looking to take on their first development.

Alternatively, the flexibility of the site, size of the block and stunning hardwood floors are sure to appeal to both first home buyers and investors.

Key features of the site include private access onto a park at the rear, close proximity to Westfield Kotara, public transport, primary and secondary schools, access to John Hunter Hospital and Newcastle CBD.

Additionally, with a formal *Option agreement in place to secure an additional 571sqm of land next door and leverage the approved driveway design to provide access – this site provides the potential for a second stage of additional townhouses.

For detailed information regarding approved Development Application, Construction Certificate and the *Option agreement, please contact the agent.

• Rare opportunity to acquire huge site
• DA approved for 4 x extremely large high-quality units
• Appealing to developers, investors or first home buyers
• *Option to purchase further 571m2 from adjacent block
• Own access to private park at rear

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