151 Maitland Road, Mayfield, NSW 2304

Floor Area:

400sqm

Land Area:

372sqm

For Sale

Guide $1,900,000 to $2,000,000

HIGH RETURN MIXED USE INVESTMENT!

Welcome to 151 Maitland Rd Mayfield, a fantastic opportunity to invest in the thriving centre of the Mayfield commercial & retail precinct.

This stand alone Torrens title site has 5 residential units & 2 commercial shops (with 1 currently vacant) & the site when fully leased returns a net rent of approx. $130,000 PA with total outgoings approx. $22,000 PA including council/water rates, insurance & utilities.

The vendor is offering a 6 month rental guarantee on the vacant commercial shop to enable investors to effectively purchase the property fully leased.

The building features excellent visibility & accessibility & the strategic position on Maitland Road ensures high foot traffic & exposure with a rear carpark from rear street access off Dora st.

If you're after a high return from a solid mixed use asset this is the site!

Contact Reece Harrison at Raine & Horne Newcastle on 0421 000 965.

Reece Harrison

Licensed Agent

Got a property to sell? Contact us for a free Request Appraisal

Property Info:

Property ID: L40353216
Property Type:Retail
Building / Floor Area:400 sqm
Land Area:372 sqm

Need help with your finance?

Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.

Craig Betalli

Mortgage Broker

0413 510 003

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