OFF MARKET

14 Robert Street
Maitland SA 5573

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Land area: 1790m2
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Property Details for 14 Robert St, Maitland

Building Type
Commercial
Land Size
1790m2
Local Government
Yorke Peninsula
Lot/Plan
A1/F12307

Last Listing description (June 2023)

Burgess Rawson, in conjunction with Knight Frank SA, is pleased to offer to the market 14-16 Robert Street, Maitland SA, for sale via our Investment Portfolio Auction 161.

This opportunity has the following key investment highlights:

+Long 10 year net lease to Maitland Pharmacy to 2027.

+Two further 5 year options to 2037.
+Noel Allen Group: established and proven pharmacy provider with a network of 25 locations across South Australia, New South Wales & Tasmania.
+Fixed 3% annual rent increases.
+Tenant pays all outgoings including management fees.
+Central 173sqm* pharmacy, offering potential future value add/redevelopment optionality (STCA).
+ Adjoining 124sqm* building leased by tenant for storage.
+Strategic 785sqm* main road corner site with frontages to Alice Street and Robert Street, the municipalities main commercial and retail service centre.
+Conveniently located adjacent to the Yorke Valley Hotel, opposite Foodland Supermarket, and close to Australia Post, Maitland Police Station, Maitland Hospital and Eldercare The Village.
+Maitland: geographical 'heart' of the Yorke Peninsula Council, only a 15 minute drive from both the east and west coasts and underpinned by a booming agriculture sector.
+Stamp Duty free investment opportunity.
+Net Income: $41,792 pa* + GST (as at November 2023).

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 21 June 2023
Crown Casino, Melbourne

Burgess Rawson
Raoul Holderhead RLA319037

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Property History for 14 Robert St, Maitland, SA 5573

A timeline of how this property has performed in the market
Last Sold
$367,500
15 Dec 2011
  • 23 May 2023
    Listed for Sale Price on Request
  • 24 May 2018
    Listed for Sale Not Disclosed
  • 15 Dec 2011
    Sold for $367,500
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About Maitland 5573

The size of Maitland is approximately 373.6 square kilometres. It has 4 parks covering nearly 0.2% of total area. The population of Maitland in 2011 was 1,045 people. By 2016 the population was 1,244 showing a population growth of 19.0% in the area during that time. The predominant age group in Maitland is 50-59 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 managers occupation. In 2011, 71.3% of the homes in Maitland were owner-occupied compared with 73.4% in 2016.

Maitland has 943 properties. Over the last 5 years, Houses in Maitland have seen a 117.17% increase in median value, while Units have seen a 90.71% increase. As at 31 August 2024:

  • The median value for Houses in Maitland is $394,194 while the median value for Units is $305,191.
  • Houses have a median rent of $300.
There are currently 5 properties listed for sale, and no properties listed for rent in Maitland on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Maitland.

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