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?
The size of Maitland is approximately 5.5 square kilometres. There are 7 parks, covering nearly 13.4% of the total area. The population of Maitland in 2016 was 1885 people. By 2021 the population was 1972 showing a population growth of 4.6% in the area during that time. The predominant age group in Maitland is 40-49 years. Households in Maitland are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Maitland work in a professional occupation.In 2021, 56.30% of the homes in Maitland were owner-occupied compared with 58.30% in 2016.
Maitland has 1,780 properties. Over the last 5 years, Houses in Maitland have seen a 53.24% increase in median value, while Units have seen a 62.10% increase. As at 30 April 2026:
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