24/1 Ken Tubman DriveMaitland NSW 2320
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.
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
- 25 Oct 2024Sold for $305,000
- 28 Jun 2024Listed for Sale Price Guide $305,000 - $325,000
- 06 Nov 2013Sold for $250,000
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0About 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 1,770 properties. Over the last 5 years, Houses in Maitland have seen a 45.37% increase in median value, while Units have seen a 63.14% increase. As at 30 November 2024:
- The median value for Houses in Maitland is $593,997 while the median value for Units is $478,598.
- Houses have a median rent of $520 while Units have a median rent of $470.
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