20 - 22 Elgin Street,,
Maitland, NSW 2320
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Map of 20 - 22 Elgin Street,
ATTENTION INVESTORS OR OWNER OCCUPIERS
Refurbished / Quality property that could be converted into your inner city residence with an income right next door.
GROUND FLOOR
Tenant - Duncan Schofield Financial Planning
Lease - 2 yr x 2 yr - from May 2011
Use - General Office
Rental - $15,600.00 Gross p.a. + GST
FIRST FLOOR
Tenant - Galloway Legal
Lease - 2yr x 2yr x 2yr -from May 2011
Use - Solicitors Office
Rental - $13,000.00 Gross p.a. + GST
ADJOINING SINGLE LEVEL BUILDING
Tenant - Employment Agency
Lease - Month x Month
Rental - $14,040.00 Gross p.a. + GST
APPROX GROSS RENTAL: $42,640.00
LESS
Maitland Council Rates & charges - $5,720
Water rates & water usage - $1,120
Building Insurance - $2,750
Management - $1,600
General maintenance - $2,000 (approx)
Land Tax - NA
NETT RENTAL: $29,450 p.a
PRICE: $490,000 + GST (if applicable)
AGENT'S COMMENTS: Known as the Pender Building and possibly one of Maitland's finest heritage designed premises. 20 - 22 Elgin Street offers a number of excellent income streams (continue collecting the current income / sub-divide the property OR call No. 22 "Home" and collect income. Call now to discuss and to make an appointment to inspect.
GROUND FLOOR
Tenant - Duncan Schofield Financial Planning
Lease - 2 yr x 2 yr - from May 2011
Use - General Office
Rental - $15,600.00 Gross p.a. + GST
FIRST FLOOR
Tenant - Galloway Legal
Lease - 2yr x 2yr x 2yr -from May 2011
Use - Solicitors Office
Rental - $13,000.00 Gross p.a. + GST
ADJOINING SINGLE LEVEL BUILDING
Tenant - Employment Agency
Lease - Month x Month
Rental - $14,040.00 Gross p.a. + GST
APPROX GROSS RENTAL: $42,640.00
LESS
Maitland Council Rates & charges - $5,720
Water rates & water usage - $1,120
Building Insurance - $2,750
Management - $1,600
General maintenance - $2,000 (approx)
Land Tax - NA
NETT RENTAL: $29,450 p.a
PRICE: $490,000 + GST (if applicable)
AGENT'S COMMENTS: Known as the Pender Building and possibly one of Maitland's finest heritage designed premises. 20 - 22 Elgin Street offers a number of excellent income streams (continue collecting the current income / sub-divide the property OR call No. 22 "Home" and collect income. Call now to discuss and to make an appointment to inspect.
Property ID: 5866386Last Updated: 5 Dec 2013
02 4933 62...
20 - 22 Elgin Street,
Maitland, NSW 2320
Starr Partners - MAITLAND437 High Street
MAITLAND, NSW 2320
MAITLAND, NSW 2320
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