24 Maitland RoadIslington NSW 2296
Property Details for 24 Maitland Rd, Islington
Last Listing description (August 2023)
Situated on the western side of Maitland Road, near the busy Beaumont Street intersection, this is your chance to acquire a freestanding building in the sought after city fringe suburb of Islington.
With B4 mixed use zoning, this two level commercial premises sits on a 455 m2 site, offering a recently refurbished office fitout, dual street access, main road exposure, large rear balcony and secure on-site parking for approx. 6 vehicles.
Leased to Newcastle based NDIS provider, Muru Pathways -
3 Years + a 2 Year Option
Current NET Annual Rent: $85,274 per annum
Annual CPI Increases. Current Market Review at Option.
An excellent investment opportunity with a great tenant. Located on a main arterial road linking Newcastle CBD to the surounding inner city suburbs of Hamilton, Wickham, Tighes Hill and Mayfield. Approx. 3 kms from Newcastle CBD and close to the cafe/retail precinct of Hamilton.
Property History for 24 Maitland Rd, Islington, NSW 2296
- 10 Aug 2023Sold for $1,800,000
- 05 Mar 2020Listed for Rent $81,000 / year
- 08 Nov 2019Sold for $1,200,000
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About Islington 2296
The size of Islington is approximately 0.7 square kilometres. It has 4 parks covering nearly 12.3% of total area. The population of Islington in 2011 was 1,806 people. By 2016 the population was 1,887 showing a population growth of 4.5% in the area during that time. The predominant age group in Islington is 20-29 years. Households in Islington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Islington work in a professional occupation. In 2011, 51.4% of the homes in Islington were owner-occupied compared with 49.4% in 2016.
Islington has 1,351 properties.
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