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272 High Street
Maitland NSW 2320
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Sold on 11 Sep 2024

272 High Street Maitland NSW 2320

  • Shop & Retail
  • 139 m²
  • Sold

Mixed-use investment opportunity

  • Net Income of $47,948* per annum
  • Three open car spaces
  • Building area 139m²*

This mixed-use space in Maitland is a rare gem, boasting a charming blue exterior and occupying a prime corner position surrounded by boutique outlets, cafes, and restaurants. The spacious building sits on a 144.7m²* block.

On the ground floor, the commercial space features large picture windows and its own separate rear access with off-street parking. At the end of a pedestrian crossing, it offers a steady flow of passing foot traffic.

The upper level features a two bedroom apartment with its own entrance and a light-filled contemporary interior with a versatile floor plan. The apartment has an upgraded granite topped kitchen with shaker style cabinets, white appliances, ceramic cooktop, and timber floors. There is also a generous sized lounge room or third bedroom, plus a bathroom with timber vanity and glass framed shower. The building has off-street parking for up to three vehicles.

Both the commercial and residential space are currently leased with a combined gross income of $53,400* per annum.

Located just moments away from shops, schools, and transportation, this property is an investment opportunity with two rental income streams or a chance to live and work from the same premises. It is located just one kilometre* from Maitland Station and Harold Gregson Reserve and less than a 10 minute* drive from the Green Hills Shopping Centre and 40 minutes* from the Newcastle CBD. The property is positioned just 350 metres* from Maitland Post Office, making it an ultra-convenient location.

Council Rates: $4,583* per annum
Water Rates: $869* per annum

For Sale by Private Treaty $750,000 - $800,000

*Approximate

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

Property Highlights

Date Sold11 Sep 2024
Floor Area139 m²
Land Area145 m²
ParkingAsk Agent
Property ID2018482871
Category
Last updated  10 Oct 2024
Map for 272 High Street Maitland NSW 2320

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

Property Highlights

Date Sold11 Sep 2024
Floor Area139 m²
Land Area145 m²
ParkingAsk Agent
Property ID2018482871
Category
Last updated  10 Oct 2024

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More about 272 High Street Maitland NSW 2320

272 High Street Maitland NSW 2320 is categorized as Shop & Retail Property. It has a floor area of 139 m² and a land area of 145 m². The listing ID for this property is 2018482871.

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