247-251 High Street Maitland NSW 2320

Burgess Rawson is pleased to offer to the market High Street Smash, located at 247-251 High Street, Maitland NSW for sale via Private Treaty.

The opportunity has the following investment highlights:

+ Brand new 5 year net lease to 2030, plus two further 5 year options extending to 2040
+ Proven location for smash repair business for 70+ years
+ Attractive rental increases to the greater of 3% or CPI, ensuring compounding income growth
+ Landlord friendly net lease terms, with tenant responsible for the payment of outgoings, including land tax (on a single holding basis) and management fees, as per lease
+ High profile 1,800sqm* freehold landholding with exposure to High Street, a main thoroughfare through Maitland's commercial precinct
+ Improved with functional workshop & yard and benefiting from convenient rear access
+ Maitland supports some 35,227 local jobs and produces an economic output of $15.56 billion^ and forms an integral part of the Hunter Region of NSW
+ The Hunter Region is an economic powerhouse and Australia's leading regional economy, accommodating 343,206 jobs and producing a GRP of $95.7b in 2024^
+ Net Income: $152,657 pa* + GST

To be sold by Private Treaty

Please contact the exclusively appointed sales team for more information.

*Approx.
^Remplan