41 Maitland Street, Stockton NSW 2295

A perfect corner block location, with Stockton shopping precinct at your doorstep & a short walk to Bus & Ferry Terminals that take you straight into the heart of Newcastle CBD. The tidy two-story property features beautiful, million-dollar views of the Hunter River, Christ Church Cathedrial & the surreal night view of Newcastle's city life. The property currently returns $36,920 per annum.
This solid, 2-unit, brick build is a great investment with endless opportunity for future development.

INVESTMENT :
Currently returning $36,920 per annum
Unit 1 (ground level) $340 per week ( lease expires 25/02/2021 )
Unit 2 (upstairs) $370 per week ( lease expires 15/01/2021 )

Unit 1 :
X Floorboards & tiles throghout
X Modern Kitchen
X Gas cooktop
X Built in wardrobes
X Separate living and dining area
X Separate laundry
X Single Carport
X Covered entertainment area

Unit 2 :
X Carpet & tile flooring
X Master includes double built in wardrobes
X Separate laundry
X Separate living and dining
X Modern styled kitchen
X Bath & shower
X Rear Deck
X Covered balcony with stairway access
X Single carport

DEVELOPMENT POTENTIAL :
Council: Newcastle City Council
Zoned B2
Floor space ration 1.5:1
Build height of 11m