SOLD
Sold on 11 Sep 2024 for $750,000

272 High Street
Maitland NSW 2320

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 145m2
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Property Details for 272 High St, Maitland

Building Type
Commercial
Land Size
145m2
Local Government
Maitland
Lot/Plan
1/DP566034

Last Listing description (October 2023)

This mixed-use space in Maitland is a rare gem, boasting a charming blue exterior and occupying a prime corner position surrounded by boutique outlets, cafes, and restaurants. The spacious building sits on a 144.7m* block.

On the ground floor, the commercial space features large picture windows and its own separate rear access with off-street parking. At the end of a pedestrian crossing, it offers a steady flow of passing foot traffic.

The upper level features a two bedroom apartment with its own entrance and a light-filled contemporary interior with a versatile floor plan. The apartment has an upgraded granite topped kitchen with shaker style cabinets, white appliances, ceramic cooktop, and timber floors. There is also a generous sized lounge room or third bedroom, plus a bathroom with timber vanity and glass framed shower. The building has off-street parking for up to three vehicles.

Both the commercial and residential space are currently leased with a combined gross income of $53,400* per annum.

Located just moments away from shops, schools, and transportation, this property is an investment opportunity with two rental income streams or a chance to live and work from the same premises. It is located just one kilometre* from Maitland Station and Harold Gregson Reserve and less than a 10 minute* drive from the Green Hills Shopping Centre and 40 minutes* from the Newcastle CBD. The property is positioned just 350 metres* from Maitland Post Office, making it an ultra-convenient location.

Council Rates: $4,583* per annum
Water Rates: $869* per annum

For Sale by Private Treaty | $750,000 - $800,000

*Approximate

Property History for 272 High St, Maitland, NSW 2320

A timeline of how this property has performed in the market
Last Sold
$750,000
11 Sep 2024
Listed for Rent
$450/w
05 Jan 2022
  • 11 Sep 2024
    Sold for $750,000
  • 18 Apr 2023
    Listed for Sale $750,000 - $800,000
  • 05 Jan 2022
    Listed for Rent $450 / week
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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 1,770 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.
There are currently 5 properties listed for sale, and 5 properties listed for rent in Maitland on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Maitland.

Suburb Insights for Maitland 2320

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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.