Property Details for 8/470 High St, Maitland
Last Listing description (November 2023)
Occupy & Invest
Situated within Maitland's renowned 'River Walk Arcade,' this property comprises two strata title office spaces. Presently, it is leased to two tenants, with one tenant's lease secured until 2026, while the other is on a month-to-month tenancy.
Strategically positioned at the forefront of the arcade, the property boasts a highly visible position along High Street. Additionally, it offers parking on title at the property's rear.
Key Features:
- Combined annual rental income: $45,975.34 (excluding GST)
- New 3-year lease and one month-to-month tenant
- High traffic location
- Building area: 98m2
It's worth noting that both units can also be acquired separately.
Contact our team today to receive more detailed information!
Property History for 8/470 High St, Maitland, NSW 2320
- 07 Nov 2023Sold - Price Undisclosed
- 22 Aug 2023Listed for Sale Contact Agent
- 24 Jul 2018Listed for Sale $225,000 + GST
Recent sales nearby
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0About Maitland 2320
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 1,783 properties. Over the last 5 years, Houses in Maitland have seen a 41.67% increase in median value, while Units have seen a 58.32% increase. As at 30 June 2026:
- The median value for Houses in Maitland is $690,781 while the median value for Units is $548,518.
- Houses have a median rent of $575 while Units have a median rent of $483.
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