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313 High Street
Maitland NSW 2320
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Sold on 6 Apr 2017

313 High Street Maitland NSW 2320

  • Shop & Retail
  • 392 m²
  • Sold, $470,000

ROBUST COMMERCIAL INVESTMENT POSSIBLE 10% RETURN

This stunning freehold commercial building, has a new 2 year lease PLUS a 2 year option and a guaranteed purchase date locked in. The new lease shows a return to the owner of $36,400 per annum NET for the commercial premises and with an upstairs 1brm flat possibly able to generate a further $10,000 per annum after some refurbishment, we see this as a BUY.
The building was erected in 1875 and is easily identified as a landmark property in the area. The internal space is spread over 2 luxurious levels and includes app 250sqm of prime modern fitout (without the upstairs flat) and an additional 57sqm in the upstairs flat and is zoned B4 mixed use for both a mixture of commercial and residential accommodation. With front and back access available and ample car parking at the rear of the property, we ask the question, can it get better than this?

Auction to be held in the LJ Hooker Maitland Office, 24 Ken Tubman Drive Maitland 6/4/17 at 5.30pm
Note: Plus GST if applicable
For all details including private viewings only, contact Todd Fisher 0438592920

Property Highlights

Date Sold6 Apr 2017
Sold Price$470,000
Floor AreaAsk Agent
Land Area392 m²
ParkingAsk Agent
Property ID2012808110
Category
Last updated  31 May 2017
Map for 313 High Street Maitland NSW 2320

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Property Highlights

Date Sold6 Apr 2017
Sold Price$470,000
Floor AreaAsk Agent
Land Area392 m²
ParkingAsk Agent
Property ID2012808110
Category
Last updated  31 May 2017

Listed by

Todd Fisher
Todd Fisher
LJ Hooker Maitland
Call
0438 592 920

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