151 Maitland Road, Mayfield, NSW 2304

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.