Back 22/250 Park Ave
Off Market

22/250 Park Ave

Kotara NSW 2289

3
1
2
149 m²
Townhouse
Last sold for $700,000
Nick TownsendNick Townsend, last sold this property on 25 May 2025 after 299 days on market.

Overview

Modern Townhouse Offering Rental Investment Opportunity

This contemporary townhouse offers an outstanding investment opportunity, ideally positioned between two major retail centres-Westfield Kotara and Charlestown Square. Currently tenanted on a 12-month lease, the property generates a solid rental return of $680 per week, making it a turnkey addition to any investment portfolio. With its low-maintenance design and sought-after location, this property promises consistent demand and reliable income. The main level features two spacious bedrooms and an open-plan living and dining area that seamlessly extends to a private, leafy alfresco space, complete with a generous yard-a rare find in townhouse living. This lock-and-leave home offers unparalleled convenience and versatility for today's lifestyle. - Expansive double garage with internal access and ample storage space - Stylish gas kitchen with a sleek laminate finish and breakfast bar, overlooking the tranquil rear yard - Bright open-plan kitchen, dining, and living area, featuring plush carpeting and gas points for cozy heating - Three generously sized bedrooms, with the main bedroom offering direct access to a private balcony - Well-appointed bathroom with a separate bath and shower, complemented by a spacious laundry - Convenient automatic garage door, plus additional storage solutions and a comprehensive security system - Ideally located close to public transport, Westfield Kotara, and John Hunter Hospital - Built-in wardrobes in two bedrooms, along with multiple visitor parking spaces for added convenience

Features

3 bedrooms
1 bathroom
2 carspaces
2 open car spaces
149 m² floor area
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Kotara over the last 12 months, the estimated median property value of 22/250 Park Ave is $810k.

Median value
$810k
Estimated value range
$700k - $965k
Median days on market
98
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kotara. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 22/250 Park Ave

2025
Sold
$700,000
25 May 2025 by Nick Townsend, of Belle Property Newcastle
2024
Rented
Undisclosed
Leased on 13 Feb 2024 by Raine & Horne Newcastle
2024
Rented
Undisclosed
Leased on 12 Feb 2024 by Raine & Horne Newcastle

Happy sellers in Kotara

85%
85% of sellers in Kotara reported that their sale price either exceeded or met their price expectations.

Kotara stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Kotara over the last 12 months.

Local market activity for 3 bedroom townhouses in Kotara

In the last 12 months, 5 three-bedroom townhouses similar to 22/250 Park Ave, have been sold.

This represents a 45% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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