402 High StreetMaitland NSW 2320
Property Details for 402 High St, Maitland
Last Listing description (October 2023)
Positioned within the heart of Maitland CBD, 402-404 High Street offers an investment opportunity with a long standing tenant and new 5 + 5 year lease. Occupied for over 20 years by Toyworld, this property is improved by a two-storey brick building with the flexible B4 Mixed Use zoning providing for future development potential (STCA).
- Income $57,200* net per annum including GST
- New 5 + 5 year lease
- 10m* frontage to High Street
*Approximately
Property History for 402 High St, Maitland, NSW 2320
- 30 Oct 2023Sold for $825,000
- 26 May 2023Listed for Sale Contact Agent
- 19 Aug 2022Listed for Sale Contact Agent
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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 1,754 properties. Over the last 5 years, Houses in Maitland have seen a 67.54% increase in median value, while Units have seen a 61.53% increase. As at 31 August 2024:
- The median value for Houses in Maitland is $608,226 while the median value for Units is $469,905.
- Houses have a median rent of $550 while Units have a median rent of $460.
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