Have you been looking for an entry-level commercial investment? Then this strata unit is ideal to get you started or to add it to your portfolio.

Located in the centre of Maitland's CBD, this tenanted strata unit is waiting for a new owner. Currently leased to a cafe operator with years of experience, this solid investment offers a great return in a well-known location (which forms part of The Quest Apartments in Maitland).

The lease commenced on 1 December 2021 and runs for 3 years and has a further 2 x 3 year options after that. Current rent is $28,000pa + GST + Outgoings. This means there is nothing to spend to get into this investment. The return exceeds 6.2%, which you won't find at any of the Banks.

The cafe is located on the ground floor of the complex with 2 sets of doors to lead you to the indoor dining section. There are also 2 outdoor dining areas for the clients to enjoy as well. The kitchen is modern and a lot of the equipment forms part of the sale. The building is a concrete panel construction and is only approximately 12 years old.

To arrange your private, Covid-safe inspection, please call Sophie Abela on 0417 047 5....