Skip to main content
255-257 High Street
Maitland NSW 2320
SearchBack to results
Sold on 19 Aug 2024

255-257 High Street Maitland NSW 2320

  • Other
  • 968 m²
  • Sold

Fully leased commercial/residential premises with development upside

  • Potential development uplift
  • Total site area 1,442sqm*
  • Steady income from dual tenants

The premises consists of a ground floor commercial space currently leased by automotive mechanics, Euro Precision Automotive. Upstairs consists of a five bedroom residential apartment also fully leased. Combined the property produces a combined net income of $112,186.78* per annum plus GST.

Euro Precision Automotive offers financial stability with a new three year lease in place with a further three year period, whilst the residents upstairs are on flexible twelve month leases. The site also contains development uplift with a vacant unused building also on the title, allowing for further repurposing or re-development enhancing the properties value.

Key features:
- New three (3) year lease with options to renew to Euro Precision Automotive
- Upstairs five (5) bedroom apartment fully leased
- Steady income from dual tenants
- Potential development uplift
- High exposure on High Street, Maitland
- Total site area 1,442sqm*
- MU1 Mixed Use zoning

*Approximately

AUCTION

Auction date and time04/09/2024 11:00
Auction location10 Newcomen Street, Newcastle 2300
Commercial Collective
Commercial Collective
10 Newcomen Street
Newcastle, NSW 2300

Property Highlights

Date Sold19 Aug 2024
Floor Area968 m²
Land Area1,442 m²
ParkingAsk Agent
Building TypeWhole building
Property ID2019390985
Category
Last updated  26 Aug 2024
Map for 255-257 High Street Maitland NSW 2320
Commercial Collective
Commercial Collective
10 Newcomen Street
Newcastle, NSW 2300

Property Highlights

Date Sold19 Aug 2024
Floor Area968 m²
Land Area1,442 m²
ParkingAsk Agent
Building TypeWhole building
Property ID2019390985
Category
Last updated  26 Aug 2024

Listed by

Brad Crouch
Commercial Collective
Call
0411 343 768

More about 255-257 High Street Maitland NSW 2320

255-257 High Street Maitland NSW 2320 is categorized as Other Property. It has a floor area of 968 m² and a land area of 1,442 m². The listing ID for this property is 2019390985.

More Other properties for Sale in Maitland NSW

Sold
255-257 high street,maitland, NSW 2320
968 m²
Other
Sold$485,000
4/6 farrier place,rutherford, NSW 2320
192 m²
Other
Sold
262 aberglasslyn road,aberglasslyn, NSW 2320
1 m²
Other