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Overview
East Maitland Investment Opportunity
Positioned perfectly on the main thoroughfare of Lawes Street in East Maitland, just 550 meters from Victoria Street Station, this impressive commercial terrace offers a prominent presence with a highly visible hair salon currently under a commercial lease. This freehold property represents a prime strategic opportunity to secure a steady income stream while also exploring development potential to unlock future growth and prosperity.
East Maitland is experiencing economic growth and is recognized as one of the Hunter region's core business and entertainment precincts. This location provides a flexible opportunity for occupiers, operators, and investors to capitalize on the unmatched foot traffic, excellent visibility, and convenient access that this site offers.
The hairdressing salon tenant currently generates a rental income of $27,288 per annum, inclusive of GST, with additional outgoings of $610 per month. This long-term commercial tenancy ensures a reliable income for the property owner.
- Large commercial space situated in a high foot traffic area
- Long-term commercial tenants in place providing income security
- Property area is approximately 61 square meters
- Public off-street parking available nearby
This property is ideal for investors seeking a secure income with potential for future development or for businesses looking to establish themselves in a thriving commercial precinct. The location's accessibility and exposure make it a valuable asset in East Maitland's commercial landscape.
Disclaimer: The information provided has been sourced from reliable channels; however, accuracy cannot be guaranteed. Prospective buyers or investors are advised to conduct their own due diligence and enquiries.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
East Maitland NSW 2323
Market Insights for East Maitland NSW 2323
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