45 Maitland Road, Mayfield, NSW 2304

Auction Location: 10 Newcomen Street, Newcastle NSW 2300

For Sale via Auction on the 19 March 2025 at 11am

Situated on a main arterial road, 45 Maitland Road, offers a unique mixed-use investment opportunity in a high-growth location. The property features a ground floor restaurant/bar on a secure two-year lease and a well-appointed three-bedroom residential unit above.  With convenient rear lane access and two dedicated parking spaces, the property offers diversified income streams and strong long-term investment potential. Mayfield is a rapidly growing suburb, benefiting from its proximity to key urban centres and business districts.

Generating a net income of $58,297.92 per annum, this asset presents an attractive opportunity for investors seeking stable returns in a sought-after location. Its strategic positioning, coupled with increasing demand in the area, ensures strong rental potential and capital growth in the years to come.

Key features include:

- Net income: $58,297.92 per annum + GST
- 120sqm* commercial space leased to a restaurant
- Well-presented three-bedroom residential unit
- Rear lane access with off-street parking
- Fully leased investment with multiple income streams

*Approximately