250 Maitland Rd 2,153 SF 100% Leased Retail Building Mayfield Newcastle, NSW 2304 For Sale

250 Maitland Road presents a rare opportunity to acquire a fully leased, income-producing mixed-use asset in the heart of Mayfield’s thriving retail corridor. This freehold property combines a ground-floor retail tenancy with a well-maintained two-bedroom apartment above, delivering dual income streams and strong investment fundamentals.
The ground floor is occupied by Flika Grocer Market, a well-established local retailer, secured on a brand-new lease, ensuring stability and consistent cash flow. The upper-level apartment is separately leased, providing additional residential income and further diversifying the revenue base. Together, these tenancies generate a gross annual income of $57,825, making this an attractive low-maintenance investment with immediate returns.
Strategically positioned along Maitland Road, the property benefits from high exposure and connectivity to Newcastle’s CBD, while being surrounded by major retail centers and popular suburban amenities. This location continues to experience strong demand from both commercial and residential occupiers, reinforcing the long-term value of the asset.
The property will be offered for sale via Public Auction on Thursday, 5 March 2026, at 11:00 AM (AEDT) at Rydges Newcastle, corner Wharf Road and Merewether Street.