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Commercial Collective - NEWCASTLE

329 High Street Maitland, NSW 2320

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329 High Street,
Maitland, NSW 2320

Shops & Retail • Other • Showrooms & Large Format Retail

Price information

Sale

Price guide $950,000 - $1,000,000

Key property information

Land area

Floor area

Property extent

Tenure type

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Commercial Collective - NEWCASTLE
Brad Crouch
Jacob Siever

Commercial Collective - NEWCASTLE

10 Newcomen Street
NEWCASTLE, NSW 2300
Commercial Collective - NEWCASTLE
329 High Street
Maitland, NSW 2320

Map of 329 High Street

Directions
  • Train stations within 5 km of 329 High Street, Maitland, NSW 2320Distance
    Maitland Station674 m
    High Street Station805 m
    Telarah Station2.2 km
    East Maitland Station2.9 km
    Victoria Street Station3.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 329 High Street, Maitland, NSW 2320Distance
    High St Opp Free Church St50 m
    St Peters Maitland, High St69 m
    Ken Tubman Dr After High St74 m
    Uniting Church Maitland, Ken Tubman Dr94 m
    High St at Hunter St103 m
    POWERED BY HERE ©
POWERED BY HERE ©

Fully Leased Shop-top Commercial Premises

  • Net income of $57,960* per annum
  • New five (5) year lease with options
  • Upstairs 2 x apartments fully leased
329 High Street, Maitland presents an excellent investment opportunity in this prime location within the Maitland CBD. The premises consist of a ground floor commercial space currently leased to established and reputable tenant Hadley Cycles who have been operating out of the premises for 38 years. Upstairs consists of a one (1) bedroom, and a two (2) bedroom apartment both fully leased. Currently the property produces a combined net income of $57,960* per annum.

Hadley Cycles offers financial stability with a new five (5) year lease in place with an option to renew for a further 2 x five (5) year periods, whilst the residents upstairs are on flexible twelve (12) month leases offering potential development or refurbishment.

Offering high exposure to High Street, the site has the convenience of on street parking and is within close proximity to Maitland CBD surrounded by some of the towns best specialty retail, cafes and bars.

Key Features include:
- New five (5) year lease with options to renew to Hadley Cycles
- Upstairs 2 x apartments fully leased
- Steady income stream from dual tenants
- MU1 Mixed Use zoning
- High exposure on High Street, Maitland
- 375sqm* site area

*Approximately

Property ID: 504550808Last Updated: 29 Apr 2024

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