This property offers an excellent opportunity in an area that is expanding daily. These sites are hard to come by. The highlights include:
Building size 1034m2
Disabled access
Roller door access
Plenty of customer parking
Available immediately
Freshly painted inside and out (not reflected in photos)
Built in 2017 concrete panel building
Airconditioned and automatic sliding doors
Highway exposure
Lease offered 7 + 5,
Landlord will discuss terms
1. Strategic Location
Proximity to Major Hubs: Rutherford is strategically located near major highways such as the New England Highway, providing easy access to Newcastle, Maitland, and the Hunter Valley. This makes it an attractive location for businesses that require efficient transportation and logistics.
Accessibility: The area is well-serviced by public transport, including buses and nearby train stations, ensuring accessibility for customers and employees.
2. Demographics
Population: Rutherford has a population of approximately 13,000 residents. The broader Maitland region, which includes Rutherford, has a population of over 83,000, making it one of the fastest-growing regions in New South Wales.
Age Distribution: The population is diverse, with a mix of young families, working professionals, and retirees. This diversity can provide a broad customer base for various types of businesses.
Income Levels: The area has a mix of middle-income households, with a significant proportion of dual-income families. This can translate to a steady demand for retail and commercial services.
3. Economic Growth
Local Economy: Rutherford is part of the Maitland local government area, which has experienced significant economic growth in recent years. The area has a robust economy driven by retail, manufacturing, and service industries.
Business Community: The thriving business community in Rutherford includes a mix of small businesses, franchises, and larger enterprises. This creates opportunities for networking, partnerships, and a supportive business environment.
4. Future Prospects
Infrastructure Development: Ongoing and planned infrastructure projects, such as road upgrades and new commercial developments, are expected to enhance the area's appeal. These projects can improve accessibility and attract more businesses and customers.
Residential Growth: The Maitland region, including Rutherford, is experiencing a housing boom, with new residential developments attracting more residents. This growth in the residential population will likely increase the demand for retail and commercial services.
Economic Initiatives: Local government initiatives aimed at supporting economic growth, such as business grants and development incentives, can benefit businesses that choose to lease in Rutherford.
5. Supportive Community
Local Government Support: The Maitland City Council actively supports local businesses through various programs, including business advisory services, networking events, and economic development initiatives.
Community Engagement: The community in Rutherford is known for its strong sense of local identity and support for local businesses. Engaging with the community through local events and initiatives can build customer loyalty and enhance business reputation.
6. Market Potential
Retail Demand: The growing population and increasing residential developments create a robust demand for retail services. Businesses can benefit from this demand by offering products and services that cater to the needs of the local community.
Commercial Opportunities: Besides retail, there are opportunities in professional services, healthcare, education, and hospitality. The diverse economic base allows businesses to tap into various market segments.
Conclusion
Leasing a commercial or retail building in Rutherford presents a unique opportunity for businesses to establish a presence in a growing and dynamic region. The area's strategic location, favorable demographics, economic growth, and supportive community provide a conducive environment for business success. With ongoing development and future prospects looking promising, Rutherford is an attractive option for businesses looking to expand or start new ventures.
