45 Maitland Road, Mayfield NSW 2304

$990,000

Building Area is 240 m²

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Auction Date: March 19, 2025

Mixed-use investment opportunity

Auction Location: 10 Newcomen Street, Newcastle NSW 2300

Situated on a main arterial road, 45 Maitland Road, offers a unique mixed-use investment opportunity in a high-growth location. The property features a ground floor restaurant/bar on a secure two-year lease and a well-appointed three-bedroom residential unit above. With convenient rear lane access and two dedicated parking spaces, the property offers diversified income streams and strong long-term investment potential. Mayfield is a rapidly growing suburb, benefiting from its proximity to key urban centres and business districts.

Generating a net income of $58,297.92* per annum plus GST, this asset presents an attractive opportunity for investors seeking stable returns in a sought-after location. Its strategic positioning, coupled with increasing demand in the area, ensures strong rental potential and capital growth in the years to come.

Key features include:

- Net income $58,297.92* per annum + GST
- 120sqm* commercial space leased to a restaurant
- Well-presented three-bedroom residential unit
- Rear lane access with off-street parking
- Fully leased investment with multiple income streams

*Approximately

Bidders: 2
Bids: 6
Enquiries: 45

Isaac Reville

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