Newcastle

For sale

$220,000

BUSINESS FOR SALE - RENT ROLL NEWCASTLE

First time offered…Owner wishes to retire!!

We are excited to offer this highly desirable and manageable rent roll. Boasting approximately 70 properties predominantly in Newcastle (only 2 properties sit outside of the Newcastle area).

With a strong management fee income this rent roll would be a great asset to an agent’s existing rent roll or would be a perfect buy for any licensed agent/property manager looking to work for themselves and purchase their first rent roll.

If you are active in property management in the Newcastle and Hunter Region then you need to take a serious look at this portfolio. This opportunity won’t last long and has been priced to sell.

The owner is happy to provide a handover/training period of approximately 3-4 weeks to ensure a smooth transition.

Please give Brad Wallace a call on 0422 944 883 to have a confidential discussion about purchasing this portfolio.

TenantedNo

Property Info:

  • Property ID: L727709
  • Property Type: Retail

We Know Your Area

R&H Suburb Profile: Newcastle

R&H Suburb Summary Houses
Number of sales 4
Average Price $1,241,375
Median Price $1,300,000
Median Rental Price $350 p.w.
Change in Rental Rate (5yr) -5 %
R&H Suburb Summary Units
Number of sales 113
Average Price $738,331
Median Price $655,000
Median Rental Price $500 p.w.
Change in Rental Rate (5yr) 3 %
Newcastle, NSW - Median Trend

School closest to 453 Maitland Road

School name Distance
Mayfield West Public School
View Website
0.47 km
Hunter Christian School
View Website
1.3 km
Corpus Christi Primary School
View Website
1.4 km
Aspect Hunter School, Waratah West Satellite 1.46 km
Waratah West Public School
View Website
1.47 km

"Distance" is a straight line calculation. Please contact your desired school to establish it's catchment area.

  • Newcastle