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Sold on 25 Oct 2024 - Price Unavailable

24/1 Ken Tubman Drive
Maitland NSW 2320

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 24/1 Ken Tubman Dr, Maitland

24/1 Ken Tubman Dr, Maitland is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Apartment sold in Maitland in the last 12 months.

Building Type
Apartment
Local Government
Maitland
Lot/Plan
24/SP78493

Last Listing description (October 2024)

This fantastic opportunity for a set-and-forget investment is located in the heart of Maitland. Under lease until 2027, with future options!

Quest Apartments Maitland is located approximately 36 minutes from the Newcastle Airport. Conveniently positioned in Maitland's CBD, just a short stroll to Maitland's Main shopping and business precinct, a variety of cafes and restaurants, as well as the Art Gallery and Cinema being close by.

The spacious single level, first floor one bedroom apartment features open plan living with balcony off both the living and bedroom areas. The master suite is home to a king sized bed and the apartment is fully furnished . The stunning bathroom has recently had a complete renovation and also provides laundry facilities for your convenience. The apartment has a full kitchen complete with dishwasher, oven, cooktop and fridge. Air Conditioned for year round comfort and completing the package is an open car space in the car park provided.

• A long term investment currently leased until 2027 with 4% increase each consecutive year.
• Current gross rent return $21956pa ,$422.23pw
• Rent increase March 2025 of 4% to $22834
• Rent increase March 2026 of 4% to $23748
• Rent increase March 2027 of 4% to $24698
• Council rates Approximately $320pa
• Water Approximately $900pa
• Strata levy $957pa

Simply invest and reap the rewards of a great location and a low-maintenance investment. Call Sharon 0402 433 317 or Katherine 0428 908 992 for more details and to arrange your private inspection.

Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this document.

Property History for 24/1 Ken Tubman Dr, Maitland, NSW 2320

A timeline of how this property has performed in the market
Last Sold
25 Oct 2024
  • 25 Oct 2024
    Sold
  • 28 Jun 2024
    Listed for Sale Price Guide $305,000 - $325,000
  • 06 Nov 2013
    Sold for $250,000

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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 1,722 properties. Over the last 5 years, Houses in Maitland have seen a 60.07% increase in median value, while Units have seen a 66.13% increase. As at 31 October 2024:

  • The median value for Houses in Maitland is $589,173 while the median value for Units is $482,660.
  • Houses have a median rent of $515 while Units have a median rent of $500.
There are currently 7 properties listed for sale, and 4 properties listed for rent in Maitland on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Maitland.

Suburb Insights for Maitland 2320

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Contact agent
Sharon Skelton
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Katherine Taranto
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Ray White Maitland
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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.