Commercial Property: Historic listing in Maitland with diverse income stream
Belle Property Cessnock's Brendan King has described a Victorian building in Maitland's main street as a "unique" offering.
He is marketing the mixed-use property at 224 High Street, Maitland for $1.04 million. Inspections are by appointment. It comprises two residential flats and downstairs commercial and has potential to return over $75,000 per annum through all three tenancies.
Original features include hardwood floors, fireplaces, arched windows and soaring ceilings.
ORIGINAL CHARM: Features of this Maitland property include a marble fireplace, claw-foot bath and balcony.
The building is currently configured as a large ground floor commercial space, which Mr King said was ideal as a medical centre, with a two-bedroom, two-bathroom apartment on the first floor and a separate one-bedroom flat.
There is on-site car parking and the building is set on a landholding of 1376 square metres.
It neighbours Maitland Art Gallery and is footsteps to supermarkets, retails stores, the train station and riverfront.