Rarely do invest opportunities such as this come to market. Secured by a new 5 year x 5 year lease to Hudson Home Timber and Hardware, located 1 km from the New England Highway, 2km from the Maitland CBD and in the heart of one Maitland's residential growth areas.
Aberglasslyn Road is the main arterial road linking residential suburbs, shopping centres and other urban amenities.
Total Rent: $154,000 pa gross + GST
Lease Details
Lessee: HUDSON BUILDING SUPPLIES PTY LIMITED
Lease Term: 5 years from 1/7/2018
Option: 5 years
Rental: $154,000 pa gross plus GST
Rental Increases: CPI annually
Outgoings: Approximately $23,800
Building Particulars
Land Area: 6721 m2
Frontage 77 m
Building areas: 1,500m2
The size of Rutherford is approximately 13.4 square kilometres. There are 24 parks, covering nearly 8.7% of the total area. The population of Rutherford in 2016 was 11884 people. By 2021 the population was 13091 showing a population growth of 10.2% in the area during that time. The predominant age group in Rutherford is 0-9 years. Households in Rutherford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rutherford work in a trades occupation.In 2021, 60.10% of the homes in Rutherford were owner-occupied compared with 55.90% in 2016.
Rutherford has 6,558 properties. Over the last 5 years, Houses in Rutherford have seen a 60.45% increase in median value, while Units have seen a 57.74% increase. As at 30 June 2026:
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