FOR SALE
$319,000

113/1 Ken Tubman Drive
Maitland NSW 2320

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Put simply, a set and forget gem for discerning investors

Nestled within the 'Quest Apartments Maitland' complex, this exceptional one-bedroom unit is the quintessential set-and-forget investment. Operating as short-term accommodation, leased to Quest until 21/03/2027 with options of 5 x 5 year renewals with a monthly rental return of $1,840.97 ($22,091.64 p/a), it brilliantly caters to the burgeoning visitor economy of the Hunter Valley area. This investment gem offers approximately 52sqm on title providing space to move. Guests enjoy a bright open plan design, a balcony for alfresco enjoyment, a king size bedroom, fully equipped kitchen, and a smartly renovated bathroom/laundry combo. A secure car space is also included making this place perfect for weekend escapes or regularly in-town business people. Perched on the Hunter River, Maitland has a vibrant city lifestyle with a small-town flair. Explore the heritage trail by bike or get to know some of the oldest wineries in the country. There's art, history, food and nature a-plenty – and all so close to Quest Maitland. Just a two-hour drive north from Sydney, Quest Maitland serves as an exceptional base for exploring the diverse wonders of the region.
- Quest Apartments are positioned in the heart of Maitland
- First floor one-bedroom residence with balcony and secure car space
- Fully furnished and air-conditioned
- Sage Café in the building for coffee, breakfast, and lunch
- Moments to Maitland Art Gallery, and popular pubs and eateries
- Monthly Rental Return: $1840.97 (Annually $22,091.64)
- Maitland Train Station – 10 min stroll, Hunter Valley vineyards – 30 mins, Newcastle - 40mins, Newcastle Airport – 40 mins, Wahroonga - 100 mins
- Rental increases of 4% annually during each lease term
- Market rent review every 5 years.
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Property Details for 113/1 Ken Tubman Dr, Maitland

113/1 Ken Tubman Dr, Maitland is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Wilton Lemke Stewart.

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About Maitland 2320

The size of Maitland is approximately 5.5 square kilometres. It has 7 parks covering nearly 13.4% of total area. The population of Maitland in 2011 was 1,833 people. By 2016 the population was 1,857 showing a population growth of 1.3% in the area during that time. The predominant age group in Maitland is 40-49 years. Households in Maitland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Maitland work in a professional occupation. In 2011, 60% of the homes in Maitland were owner-occupied compared with 58.3% in 2016.

Maitland has 1,748 properties.

    There are currently 11 properties listed for sale, and 4 properties listed for rent in Maitland on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Maitland.

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    Contact agent
    Nick Stewart
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    James English
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    Wilton Lemke Stewart
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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.