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East Maitland 99-101 Newcastle Road

Sold $965,000

HIGH VISIBILITY DEVELOPMENT OPPORTUNITY

Located on The New England Highway with excellent exposure and access, this property offers incredible opportunity for mixed Commercial (retail) and Residential redevelopment, in one of our State's fastest growing Regions.

Only a short distance from the recently redeveloped Stockland Green Hills Shopping Centre and walking distance to rail, East Maitland retail strip and Clubs, this site has 3 dedicated buildings, two fronting the busy main road and rear lane access to huge parking area.

BUILDING ONE
Two storeys with footprint approximately 183 square metres brick construction with iron roofing currently leased to Antique Business.

BUILDING TWO
Three Storeys with footprint approximately 205 square metres, sandstone and brick construction (notably convict labour) with iron roof. Building has hidden cellar below. New services throughout, currently leased to retail plant business with accommodation.

BUILDING THREE
Timber constructed garage at rear, with iron roofing, approximately 79 Square metres in area with attached iron roofed awning.

The property has a plethora of opportunity in redevelopment with opportunity to strata the existing building, or completely renovate into heritage styled boutique accommodation with retail business at ground floor.

Heritage Grants of up to $150,000 are available to approved applicants toward redevelopment of sites such as this.

Maitland is one of the State's fastest growing regional areas, with huge growth potential and consistent income streams. Due to growing local employment potential opportunity is there in both normal residential property as well as blossoming tourism industry, being only a short drive from renowned Hunter Vineyards.

Sold
$965,000

Showrooms/Bulky Goods

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Property Information

  • Land area approx 1143sqm
  • Floor area approx 467sqm

Property Features

  • Car Parking - Surface
  • Close to Shops
  • Close to Transport

Local Information East Maitland

Nearest Schools*
  • Government Schools
  • Independent Schools

Primary

  • Maitland East Public School
  • Tenambit Public School
  • Nillo Infants School
  • Maitland Public School
  • Ashtonfield Public School
  • Metford Public School
  • Bolwarra Public School

Secondary

  • Maitland Grossmann High School
  • Maitland High School

Special

  • Hunter River Community School

Combined

  • M.E.T. School, Maitland campus
  • Linuwel School Ltd
  • Hunter Valley Grammar School
  • Maitland Christian School

Primary

  • St Joseph's Primary School
  • St John the Baptist Primary School

Secondary

  • All Saints College (St Mary's Campus)
  • All Saints College (St Peter's Campus)
  • Hunter Trade College
* Nearby schools are selected based on straight-line distance only.
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