14 Robert StreetMaitland SA 5573
Property Details for 14 Robert St, Maitland
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.
+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
Property History for 14 Robert St, Maitland, SA 5573
- 23 May 2023Listed for Sale Price on Request
- 24 May 2018Listed for Sale Not Disclosed
- 15 Dec 2011Sold 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 942 properties. Over the last 5 years, Houses in Maitland have seen a 125.62% increase in median value, while Units have seen a 84.38% increase. As at 30 November 2024:
- The median value for Houses in Maitland is $411,276 while the median value for Units is $277,529.
- Houses have a median rent of $300.
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