144 Maryland Drive,
Maryland, NSW 2287

Shops & Retail

Key property information

Land area

Floor area

NABERS

Sold on

Map of 144 Maryland Drive

Directions

Convenience Centre with Significant Repositioning Potential

One mini-major, six specialities and one
4.985sqm (approx.) GLA
Total site area - 1.39ha (approx.)

Maryland Shopping Centre is a convenience centre occupying a high profile 1.39ha (approx.) corner site in the heart of Maryland, a major residential growth corridor located approximately 12km north-west of the Newcastle CBD and approximately 157km north of the Sydney CBD.

Maryland's Main Trade Area is estimated at 12,900 persons in 2016, including 8,230 persons in the Primary Trade Area, while retail spending is forecast to grow by 4.8% per annum to 2031 (Location IQ).

The Centre provides a significant repositioning opportunity comprising approximately 4,985sqm (approx.) of single level retail accommodation providing a former supermarket tenancy of 2,814sqm (approx.), one mini-major as well as six speciality shops and one ATM. There are also 180 at-grade car parks.

- One mini-major, six specialties and one ATM
- Total site area 1.39ha (approx.)
- Fully leased NOI $985,322 (approx.)
- MTA growing to 15,880 persons by 2031
- 4,399 residential lots being released/developed

For Sale by Expressions of Interest closing 12pm Tuesday 7 March 2017.

For further information, please contact the Exclusive Selling Agents Stonebridge Property Group and Colliers
International.

Maryland, 2287 demographic data

The median household income for Maryland is $1,793, 25% higher than Regional New South Wales's household income of $1,434. Maryland has a younger age profile compared to the rest of Regional New South Wales (median age 37 vs 43). Property ownership data shows 58% of property owners in Maryland have a mortgage.

7,714

Population

$1,793 per week

Median household income

37 years

Median age

Owners

Most residents

Families

Most households