Enquiry code for this property: 9380

This property is located in a prime position which over the years has experienced a major transformation, not only in appearance with the upgrading of surrounding public open spaces but also many commercial sites along Maitland Rd have either been redeveloped or renovated making this location a sought after position for many enterprises including commercial and high density development.

Total property area 1619 m2.
Building floor space 836 m2.
15 carparks onsite.
The property is situated on a corner location.
Cnr Coal St and Maitland Rd Islington.
Situated directly across from Islington park.

Zoned R4 – High density residential.
The potential at this location is huge! considering the intercity sprawl/boom that is taking place in Newcastle.

The property has two long standing tenants with leases in place.
It offers an 8.5% return + GST
Commercial interest rates are at an all time low.
Combined with the yield of the property it makes for a sound investment.

Enquiry code for this property: 9380