416 High Street, Maitland NSW 2320

The Hills Chambers Building is arguably one of the most identifiable & sought-after properties in the beating heart of Maitland's thriving Central Business District. Complete with a killer fitout & grungy downtown vibe, this is a sensational opportunity to secure this stellar building and receive a robust income in the medium term.

The future though is definitely bright here with the real potential of - making this the ideal "Inner City" residence (subject to Council) and benefit from the dual zoning that exists at the property. Its your choice obviously and with the benefit of 2 tenancies, returning $77,000 gross p.a, we will ensure whatever options you choose, you'll be well rewarded while you continue to explore what the future will bring.

Tenancy 1: The Hills Chambers Building - Leased to quality tenants for app $43,000 p.a on a gross lease with total lettable area of approximately 200sqm of amazing floorspace. Spread over 2 magnificent levels the architecturally designed interior retains its stunning period vibe, all the while showcasing a modern inner city warehouse design. Simply put, this building just must be seen to be truly appreciated. Leased to 2024 with options, The Hills Chambers building is a one of a kind!

Tenancy 2: 4Cyte Pathology � The secondary tenancy in the equation, reflects a prime main street ground level shopfront opportunity. Leased again, to quality tenants for app $34,000 p.a on a gross lease with total lettable area of approximately 90 sqm. With a 4 year option post their initial lease end in 2025, we see this as a set and forget investment for the long haul.

Outgoings: While the final outgoings for the 2 tenancies cannot be 100% determined until the subdivision plan is registered, we estimate that the outgoings payable will be circa $12,000 across the 2 tenancies. The landlord is responsible for for the outgoings under the current leases (Council Rates, Water Rates and Insurance).

Please contact Todd Fisher or Ben Cotton for all enquiries and inspections 0438592920 OR 0434638822

Note: Indicative photos and furnishing in some instances.
Please call agent to discuss.
Residential options subject to Maitland City Council.
The property is available for immediate sale with a slight delay in settlement probable while the subdivision plan is being registered.

All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.