Commercial space in Maitland

8-Unit Residential Block for Sale 57 Montague Road, Maitland

Zoned General Residential 4

An excellent opportunity to acquire an established two-storey residential accommodation block positioned at the base of the Maitland Bridge in Maitland. The property has undergone extensive renovations over the years, with the original six apartments complemented by two additional studio units, bringing the building to a total of eight residential units.

The property offers a versatile unit mix consisting of:

4 Three-bedroom apartments

2 Two-bedroom apartments

2 Studio apartments

The configuration provides substantial accommodation capacity and lends itself particularly well to student accommodation, shared residential accommodation or conventional long-term letting, depending on the new owners preferred operating model.

Additional Property Features:

Prepaid electricity and water meters to Apartments 16

Communal Braai and Recreation room

Studios 7 and 8 fitted with gas geysers

Conventional electric geysers servicing the remainder of the building

Secure front entrance with fingerprint access reader and turnstile

Approximately 4 secure parking bays situated at the front and rear of the property

Additional access from the bridge side of the property

Separate 2-bedroom Wendy-style dwelling situated on the premises

With eight individual units, secure access control and a flexible accommodation configuration, this property presents an attractive opportunity for an investor looking to acquire an entire residential block in Maitland and implement their own rental, student housing or accommodation strategy.

57 Montague Road offers the scale and versatility of a multi-unit investment under one title, with the opportunity for a new owner to reposition and operate the property according to their preferred model.