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128 Lawes St 656 SF Retail Condo Unit Offered at $358,596 in East Maitland, NSW 2323
Investment Highlights
- Prime East Maitland location on high-traffic Lawes Street.
- Public off-street parking available nearby.
- Positioned in a vibrant business and entertainment precinct.
- Just 550 m from Victoria Street Station – excellent connectivity.
Executive Summary
In the heart of East Maitland’s thriving commercial precinct, positioned on Lawes Street, just 550 meters from Victoria Street Station, this property offers prime exposure, strong foot traffic, and secure income, making it ideal for investors seeking a strategic foothold in one of the Hunter region’s core business and entertainment hubs. The property forms part of a well-established commercial strip in East Maitland, offering strong visibility and accessibility. Its location within a high-growth corridor ensures consistent demand for retail and service-based businesses.
Property Facts
| Total Building Size | 7,675 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 7,675 SF |
| Property Subtype | Storefront | Lot Size | 0.39 AC |
| Building Class | C |
| Total Building Size | 7,675 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 7,675 SF |
| Lot Size | 0.39 AC |
1 Unit Available
Unit 4
| Unit Size | 656 SF | Condo Use | Retail |
| Price | $358,596 | Sale Type | Investment |
| Price Per SF | $546.64 | APN/Parcel ID | CP/SP31206 |
| Unit Size | 656 SF |
| Price | $358,596 |
| Price Per SF | $546.64 |
| Condo Use | Retail |
| Sale Type | Investment |
| APN/Parcel ID | CP/SP31206 |
Description
The property forms part of a well-established commercial strip in East Maitland, offering strong visibility and accessibility. Its location within a high-growth corridor ensures consistent demand for retail and service-based businesses. The existing tenancy provides secure income, while the property’s position and zoning offer scope for future development or enhancement, making it an attractive investment for long-term capital growth.
Sale Notes
An exceptional investment opportunity in the heart of East Maitland’s thriving commercial precinct. Positioned on Lawes Street, just 550 meters from Victoria Street Station, this property offers prime exposure, strong foot traffic, and secure income, making it ideal for investors seeking a strategic foothold in one of the Hunter region’s core business and entertainment hubs.
The property comprises an approx. 61 m² commercial terrace, currently leased to a long-term hairdressing salon tenant. The tenancy currently on a 3-year lease generates a gross annual return of approximately $35,838, including rental income of $28,518 p.a. plus outgoings. Outgoings include water rates, council rates, and strata contributions, ensuring a transparent cost structure for investors.
Price: Contact Agent
Floor Area: Approx. 61 m²
Current Income: $28,518 p.a. + outgoings | Gross Return: $35,838 p.a.
Tenant: Salon KoKo – long-term lease in place
Outgoings:
Water Rates: Approx. $305.96 p.a.
Council Rates: Approx. $1,884 p.a.
Strata Rates: Approx. $5,552 p.a.
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128 Lawes St
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