R2-3974878-Maitland-2024-03-12-155913 FOR SALE
R2-3974878-Maitland-2024-03-12-155913-1
R2-3974878-Maitland-2024-03-12-155913-2
R2-3974878-Maitland-2024-03-12-155913 FOR SALE
R2-3974878-Maitland-2024-03-12-155913-1 FOR SALE
R2-3974878-Maitland-2024-03-12-155913-2 FOR SALE

329 High Street, Maitland NSW 2320

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

Area
  • Building Area is 373 m²
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    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

    • Net income of $57,960* per annum
    • New five (5) year lease with options
    • Upstairs 2 x apartments fully leased

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