14 Garnett Road,
East Maitland, NSW 2323
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Map of 14 Garnett Road
HIGH INCOME PLUS GROWTH
The property is situated on the southern side of Garnett Street, at the intersection of Alfred Street, approximately 450 metres west of the New England Highway, at East Maitland.
The property is also located adjacent to the area’s largest shopping centre - Stockland Greenhills, and nearby to major retailers such as Autobarn, National Australia Bank, Aldi, KFC and McDonalds just to name a few.
The subject property is surrounded by a mixture of retail, commercial and residential development.
East Maitland is situated approximately five minutes east of Central Maitland, approximately 30 minutes west along the New England Highway from Newcastle and approximately 159 kilometres north-west of the Sydney CBD. Access to the F3 Freeway is also within close proximity.
Key property features are as follows:
- Quality freestanding commercial building comprising upto 5 separate tenancies
- Currently 75% let by a subsidiary of Downer - QCC Pty Limited returning $183,000 net per annum plus GST
- Asset shows enormous scope for rental growth - potential fully let income of $230,000 net per annum plus GST
- Net lettable area - 997m² (approx)
- Site area - 1,402m² (approx)
- Boasting 25 convenient on-site car parks
- Under instructions for immediate sale by Receivers and Managers
The property is also located adjacent to the area’s largest shopping centre - Stockland Greenhills, and nearby to major retailers such as Autobarn, National Australia Bank, Aldi, KFC and McDonalds just to name a few.
The subject property is surrounded by a mixture of retail, commercial and residential development.
East Maitland is situated approximately five minutes east of Central Maitland, approximately 30 minutes west along the New England Highway from Newcastle and approximately 159 kilometres north-west of the Sydney CBD. Access to the F3 Freeway is also within close proximity.
Key property features are as follows:
- Quality freestanding commercial building comprising upto 5 separate tenancies
- Currently 75% let by a subsidiary of Downer - QCC Pty Limited returning $183,000 net per annum plus GST
- Asset shows enormous scope for rental growth - potential fully let income of $230,000 net per annum plus GST
- Net lettable area - 997m² (approx)
- Site area - 1,402m² (approx)
- Boasting 25 convenient on-site car parks
- Under instructions for immediate sale by Receivers and Managers
Property ID: 500881255Last Updated: 14 May 2014
02 4926 48...
14 Garnett Road
East Maitland, NSW 2323
Colliers - NewcastleGround Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
NEWCASTLE, NSW 2300
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