WHY INVEST IN MAITLAND?
⢠Construction of the new $470 million dollar Maitland Hospital will begin in 2019 with 1250 new construction jobs over four years, with 1000 full time employees once fully operational on 2022 https://infrastructurepipeline.org/project/maitland-hospital/
⢠$6.4 million GP and specialist medical precinct in Thornton. The development, will employ more than 50 staff with suites occupied by general practitioners and specialists including cardiologists, obstetricians and radiographers. https://www.maitlandmercury.com.au/story/5407274/pharmaceutical-benefits-for-thornton-photos/
⢠$414 million redevelopment of Stockland Green Hills Shopping Centre – the largest retail redevelopment to be completed in Australia in 2018. This precinct has generated more than 2,500 new jobs https://www.stockland.com.au/media-centre/media-releases/stockland-celebrates-official-opening-of-$414m-green-hills-redevelopment
⢠Plans for two massive industrial estates on almost 400 hectares near the M1 motorway at Black Hill promise to drive significant development in the Lower Hunter. $88 million staged development https://www.theherald.com.au/story/5525259/developers-catholic-church-make-move-on-massive-industrial-estates/
⢠Road and rail network – Maitland benefits from an extensive rail network that has nine operational railway stations. These railway stations provide access to many parts of the lower Hunter, Newcastle and further afield to the Central Coast and Sydney. https://future.transport.nsw.gov.au/sites/default/files/proposals/doc1357880.pdf
⢠$1.5 billion Hunter Expressway. This dual carriageway freeway provides an east-west connection between Newcastle and the Lower Hunter. The Hunter Expressway was designed to accommodate long-term development and growth in the Hunter Region in the coming decades. https://www.rms.nsw.gov.au/projects/hunter/the-hunter-expressway/index.html
⢠The NSW Government provided $51 million, including $45 million through the Hunter Infrastructure and Investment Fund, for upgrades on the New England Highway at Maitland to improve safety and traffic flow. The M1 Pacific Motorway is one of the busiest roads in New South Wales (NSW), linking Sydney to the Central Coast, Newcastle and the Hunter regions. It carries more than 75,000 cars and 7,000 heavy vehicles between Sydney and the Central Coast every day. https://www.rms.nsw.gov.au/projects/central-coast/m1-pacific-motorway/index.html
⢠The Hunter is the largest regional economy in Australia; valued at over 40 billion dollars – ranking above Tasmania, the Northern Territory and the Australian Capital Territory in terms of economic output. It drives around 28 per cent of regional NSW’s total economic output and is the largest regional contributor to the State’s gross domestic product. The region has an estimated 322,000 jobs and this is projected to increase to 384,000 by 2036. https://www.planning.nsw.gov.au/Plans-for-your-area/Regional-Plans/Hunter/Hunter-regional-plan/The-leading-regional-economy-in-Australia
Wallis CREEK : new estate where the community is friendly, with schools and all other facilities and services just nearby. Great area for families
This Opportunity: DUAL – TOTAL OF 5 BEDS, 3 BATHS, 2 CARS
Land: Lot 1122 Wallis Creek estate, Gillieston Heights (MAITLAND) NSW 2321
Size: 572m2 Price: $221,000
DUAL OCCUPANCY: TOTAL OF 5 BEDS, 3 BATHS 2 CARS
Build: total size: 226.35m2 Build Cost $392,990
Unit 1: size: 132.54m2 3 beds, 2 baths, 1 car,
Unit 2: size: 93.81m2 2 beds, 1 bath, 1 car
Inclusions List: full list is attached – please refer to this list
Rental Estimate: $660 TO $700 total per week ESTIMATED
To Purchase:
$1000 on EOI
Balance deposit payable on exchange to equal 5% of land price
Finance approval – 21 days from date of contract
Land is registered: settlement within 14 days after finance approval
Build: 5% initial deposit payable on exchange of contracts
This duplex is not yet constructed. This is a two contract purchase: Land and Building.
This is an off the plan purchase.
Timeframe to completion – 16 TO 18 WEEKS INCUDING APPROVAL
FOR SALE: $613,990
KAYE TILLEY 0418 823 046 John Tilley 0417 04 14 24