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
