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132 Maitland Road (Pacific Highway)
Mayfield NSW 2304
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Sold on 16 Jul 2019

132 Maitland Road (Pacific Highway) Mayfield NSW 2304

  • Shop & Retail
  • 1 m²
  • Sold

HIGH YIELDING INVESTMENT IN NEWCASTLE GROWTH REGION

  • Net Income $415,772 pa + GST
  • Fixed 4% annual rent increases
  • Prized Newcastle growth region

Cushman & Wakefield are pleased to present to the market 132 Maitland Road (Pacific Highway), Mayfield for sale via an Expressions of Interest campaign closing Thursday 4 July at 4pm.

The property has the following key characteristics:

• Original 12 year lease plus options to 2032
• Corporate lease to 7 Eleven Stores Pty Ltd - Australia’s third largest private company with a network of over 650 convenience stores
• Purpose built facility with modern fibre glass tanks
• Highway thoroughfare with exposure to 11,000 cars daily
• Commanding 1,471sqm high profile site facing Pacific Highway
• Strategically positioned opposite a brand new two storey Coles Supermarket to be developed
• Thriving commercial precinct surrounded by national tenants including McDonalds, Aldi, Chemist Warehouse, KFC, Centrelink/ Medicare, Anytime, Subway, Cash Converters and Australia Post
• Mayfield – Recognised as a key growth area in the north-western suburbs of Newcastle. Newcastle is the second most populated area in New South Wales with a growing population currently sitting at 442,227 people
• Tenant pays all usual outgoings (excluding Land Tax)
• Fixed 4% annual rent increases
• Net Income $415,772 pa + GST

For more information please contact the exclusive agents at Cushman & Wakefield.

EXPRESSION OF INTEREST

Closing date and time04/07/2019 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Date Sold16 Jul 2019
Floor Area1 m²
Land Area1,471 m²
ParkingOn site parking available
Property ID2015318881
Category
Last updated  22 Jul 2019
Map for 132 Maitland Road (Pacific Highway) Mayfield NSW 2304

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Property Highlights

Date Sold16 Jul 2019
Floor Area1 m²
Land Area1,471 m²
ParkingOn site parking available
Property ID2015318881
Category
Last updated  22 Jul 2019

Listed by

Cushman & Wakefield Sydney
Call
02 8243 9999

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