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CBRE - NSW

Salvos Stores & RPM Global, 439 High Street (corner Elgin Street) Maitland, NSW 2320

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Salvos Stores & RPM Global, 439 High Street (corner Elgin Street),
Maitland, NSW 2320

Shops & Retail • Offices • Medical & Consulting

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CBRE - NSW
Kieran Bourke

CBRE - NSW

Level 21, 363 George Street
SYDNEY, NSW 2000
CBRE - NSW
Salvos Stores & RPM Global, 439 High Street (corner Elgin Street)
Maitland, NSW 2320

Map of Salvos Stores & RPM Global, 439 High Street (corner Elgin Street)

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New 7 Year Lease to the Salvos - 'Essential Service' with 100+ Year History

  • New 7 year lease to Salvos
  • Rare fixed 3.5% increases
  • Fully leased 831sqm building
+ Salvos Stores: Important government funded ‘essential service’ retail chain with 125 year history and 330+ stores nationally
+ Seven (7) year lease to March 2027 plus options to March 2037 (Salvos Stores)
+ RPMGlobal: ASX listed consulting & advisory firm to the mining industry established in 1968 with 22 locations across 14 countries
+ Three (3) year lease to July 2023 plus option to July 2026 (RPMGlobal)
+ Fully leased 773qm two-level freehold building with triple street frontage
+ Rare fixed 3.5% annual rent increases ensuring rental growth
+ Prime retail position amongst Woolworths, K-Mart, ALDI and all major banks
+ Maitland City Councils 85,166 population is set to grow by 31% to 111,829 by 2041*
+ Maitland: capital of the Hunter Valley, the largest regional economy in Australia with an estimated 322,000 jobs **
+ Net Rent: $203,296 pa + GST

For Sale by Investment Portfolio Auction
Tuesday 30 March at 11am
Yallamundi Rooms, Sydney Opera House

*Remplan
**New South Wales Government

Maitland, 2320 demographic data

The median household income for Maitland is $1,241, 13% lower than Regional New South Wales's household income of $1,434. Maitland has a similar age profile compared to the rest of Regional New South Wales (median age 43). Property ownership data shows 49% of property owners in Maitland have a mortgage.

1,972
Population
$1,241 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households
CBRE - NSW
Level 21, 363 George Street
SYDNEY, NSW 2000
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Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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