113/1 Ken Tubman Drive, Maitland NSW 2320

Nestled within the 'Quest Apartments Maitland' complex, this exceptional one-bedroom unit is the quintessential set-and-forget investment. Operating as short-term accommodation, leased to Quest until 21/03/2027 with options of 5 x 5 year renewals with a monthly rental return of $1,841.59 ($22,099.08 pa), it brilliantly caters to the burgeoning visitor economy of the Hunter Valley area. This investment gem offers approximately 52sqm on title providing space to move. Guests enjoy a bright open plan design, a balcony for alfresco enjoyment, a king size bedroom, fully equipped kitchen, and a smartly renovated bathroom/laundry combo. A secure car space is also included making this place perfect for weekend escapes or regularly in-town business people. Perched on the Hunter River, Maitland has a vibrant city lifestyle with a small-town flair. Explore the heritage trail by bike or get to know some of the oldest wineries in the country. There's art, history, food and nature a-plenty – and all so close to Quest Maitland. Just a two-hour drive north from Sydney, Quest Maitland serves as an exceptional base for exploring the diverse wonders of the region.

- Quest Apartments are positioned in the heart of Maitland
- First floor one-bedroom residence with balcony and secure car space
- Fully furnished and air-conditioned
- Sage Café in the building for coffee, breakfast, and lunch
- Moments to Maitland Art Gallery, and popular pubs and eateries
- Monthly Rental Return: $1,841.59 (Annually $22,099.08)
- Maitland Train Station – 10 min stroll, Hunter Valley vineyards – 30 mins, Newcastle - 40mins, Newcastle Airport – 40 mins, Wahroonga - 100 mins
- Rental increases of 4% annually during each lease term
- Market rent review every 5 years.
- Current annual outgoings of approximately $1,121.08
- No management fees.
- Sell at any time.
- Full Council Rates $339.64 p/q. Total cost covered by the lessee (Quest)
- Full Water Rates & Usage $230.48 p/q. Total cost covered by the lessee (Quest)
- Full Strata Levies $551.00 p/q – Owner is only responsible for Capital Works Levy which is $254.40 p/q and the lessee (Quest) for Admin Fee which is $296.60.