Sold
$300,000
25/1 Ken Tubman Drive, Maitland NSW 2320
Studio
111
Block size: 2256 m² approx.
Set and Forget Investment Opportunity
This fantastic opportunity for a set-and-forget investment is located in the heart of Maitland. Quest Apartments Maitland is located approximately 36 minutes from the Newcastle Airport. Conveniently positioned in Maitland's CBD, just a short stroll to Maitland's Main shopping and business precinct, a variety of cafes and restaurants, as well as the Art Gallery and Cinema being close by.
The spacious single level, first floor one bedroom apartment features open plan living with balcony off both the living and bedroom areas. The master suite is home to king sized bed and the apartment is fully furnished . The stunning bathroom has recently had a complete renovation and also provides laundry facilities for your convenience. The apartment has a full kitchen complete with dishwasher, oven, cooktop and fridge. Airconditioned for year round comfort and completing the package is an open car space in the carpark provided.
A long term investment currently leased until 2027 with 4% increase each consecutive year.
Current rent $1692.16PM ($390pw) or $20,305.92PA
Rent increases from April 2024 to $1759.85PM ($406.12pw) or $21,118.24
Rent increases from April 2025 to $1830.24PM ($422.34pw) or $21962.96
Rent increases from April 2026 to $1903.45PM ($439.25pw) or $22841.48
Simply invest and reap the rewards of a great location and a low-maintenance investment. Call Sharon or Katherine for more details and to arrange your private inspection.
The spacious single level, first floor one bedroom apartment features open plan living with balcony off both the living and bedroom areas. The master suite is home to king sized bed and the apartment is fully furnished . The stunning bathroom has recently had a complete renovation and also provides laundry facilities for your convenience. The apartment has a full kitchen complete with dishwasher, oven, cooktop and fridge. Airconditioned for year round comfort and completing the package is an open car space in the carpark provided.
A long term investment currently leased until 2027 with 4% increase each consecutive year.
Current rent $1692.16PM ($390pw) or $20,305.92PA
Rent increases from April 2024 to $1759.85PM ($406.12pw) or $21,118.24
Rent increases from April 2025 to $1830.24PM ($422.34pw) or $21962.96
Rent increases from April 2026 to $1903.45PM ($439.25pw) or $22841.48
Simply invest and reap the rewards of a great location and a low-maintenance investment. Call Sharon or Katherine for more details and to arrange your private inspection.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Sharon Skelton to learn more about this property, request an inspection or take an online tour.
Property walkthrough
Key details
Bedrooms:
1
Bathrooms:
1
Garage Spaces:
1
Property type:
Studio
Block Size:
2256 m²*
Other Details
Lot:
25
Plan Type:
SP
Plan:
78493
Legal description:
25/SP78493
Maps and area information
Block information
Block size: 2256m² (approx)
Legal description: 25/SP78493
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
12 Mar 2024
Sold
Ray White Maitland
$300,000
Contract: 12/03/2024
Listed: 05/12/2023
Days on market: 98
Transfer type: Full transfer
Maitland suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
44 years
Population
1,972
Listing ID: 182144831. This listing has been viewed 19 times. It was first displayed on 05/12/2023 and last updated on 17/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.