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Auction Location: 10 Newcomen Street, Newcastle NSW 2300
Auction Wednesday 19 March 2025 at 11am (in-room and online)
3-5 Elgin Street presents a unique investment opportunity in the heart of Maitland's CBD, offering a secure income stream from a well-diversified mix of tenants, including a registered training organisation, mental health services, and NDIS operators. With a net annual return of $165,222.26 + GST, the property offers strong stability while situated in a great location that ensures excellent visibility and access. The multi-tenanted nature, combined with the property's modern features, including a fully refurbished lift and private tenant amenities, makes it a highly attractive prospect for long-term growth and potential for future leasing.
Key features include:
- Multi-tenanted investment with four tenants
- Generating $165,122.26* net per annum + GST
- Fully refurbished lift
- Private kitchen and amenities for each tenancy
- Prominent street presence with signage opportunities
- Close proximity to Elgin Street car park, shops, and essential services
- Excellent public transport access, including bus stops and train station nearby
- Strategic location with strong visibility and foot traffic
*Approximately
Remember to mention you found this property on CommercialReady
Auction Location: 10 Newcomen Street, Newcastle NSW 2300
Auction Wednesday 19 March 2025 at 11am (in-room and online)
3-5 Elgin Street presents a unique investment opportunity in the heart of Maitland's CBD, offering a secure income stream from a well-diversified mix of tenants, including a registered training organisation, mental health services, and NDIS operators. With a net annual return of $165,222.26 + GST, the property offers strong stability while situated in a great location that ensures excellent visibility and access. The multi-tenanted nature, combined with the property's modern features, including a fully refurbished lift and private tenant amenities, makes it a highly attractive prospect for long-term growth and potential for future leasing.
Key features include:
- Multi-tenanted investment with four tenants
- Generating $165,122.26* net per annum + GST
- Fully refurbished lift
- Private kitchen and amenities for each tenancy
- Prominent street presence with signage opportunities
- Close proximity to Elgin Street car park, shops, and essential services
- Excellent public transport access, including bus stops and train station nearby
- Strategic location with strong visibility and foot traffic
*Approximately
Remember to mention you found this property on CommercialReady
3-5 Elgin Street, Maitland, NSW, 2320
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