Situated in the fast growing city of Maitland, in the suburb of East Maitland is a substantial brick building with two large shop frontages and rear street access underneath for car parking and 10 lettable storage sheds. All this on a 809 m2 parcel of land.
This suburb of East Maitland has a busy localised shopping centre complete with rail line, post office, chemist, popular hotels and restaurants and cafes, schools, doctors, vets, banks and a host of other retail and commercial outlets.

There are two shops, one a Noodle bar with lease till Aug 2015 with 2 x 3 years options. The other shop is a Dance Studio with lease till October 2014 with a 2 year option.
There are 10 storage sheds underneath also.
The three groups of income total approximately $62,000 Net after expenses.
At an asking price of $750,000 this equates to approx 8.26% net return, far better than bank interest you will agree!

The location is excellent, a low maintenance building offering a great opportunity.Commercial properties of this type and size are seldom available in this sought after area.Your own business could be here in the near future.

Please contact the listing Agent Greg Ransom on 49 338011 to discuss further and arrange an inspection.