Global New Developments
Juwai Commercial
Juwai LUXE
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Completed in July 2024, this prime investment opportunity is located at 373 High Street, Maitland, New South Wales. The property occupies a 2,106 square metre* site and features 49 serviced apartments (76 keys), 67 square metres* of retail space (under negotiation), and 37 car spaces. Leased to Punthill Maitland Pty Ltd under a secure 10-year agreement with options extending to 2059, this property guarantees long-term rental income.
Investment Highlights:
• Stable annual rental income: AUD $1,520,000, with additional income potential from retail café space (approx. AUD $50,000 p.a.) and solar income (approx. AUD $5,000 p.a.)
• Professional management: Operated by The Veriu Group, a leading hospitality brand renowned for high occupancy and operational success.
• Flexible accommodation options: A mix of studio, one-bedroom, and two-bedroom apartments, including 23 dual-key apartments catering to a range of guests.
• Central location: Positioned in Maitland’s thriving CBD, just 160 km from Sydney and 35 km from Newcastle, ensuring strong demand for accommodation due to its proximity to key infrastructure.
• Depreciation Benefits: As the building was completed in July 2024, investors can capitalise on the full depreciation benefits available under Australian tax law, potentially reducing taxable income.
Modern amenities include conference facilities, a guest gym, and electric vehicle charging provisions, alongside the added benefit of Australian tax depreciation. This opportunity is perfect for investors seeking secure, long-term returns in one of New South Wales’ fastest-growing regional markets.
For more information contact our exclusive agents:
Rudy Kelemen
Kelemen Commercial
+61 419 558 803
rudy@kelemen.com.au
Henry Porte
Response Projects
+61 422 416 997
henryp@responsere.com
*approximately
Disclaimer:
The information in this listing is for marketing purposes only and does not constitute an offer or guarantee. All figures, measurements, and details, including rental income and property attributes, are approximate and should be independently verified. The property details are subject to change without notice.
Prospective buyers should conduct their own due diligence and seek independent legal, financial, and tax advice. Kelemen Commercial and Response Projects, along with their agents, do not assume any liability for any inaccuracies, errors, or omissions contained in this document. All information is deemed reliable but not guaranteed.
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* The above information is the average for each state in Australia For more details about loans, please send us an enquiry.
Disclaimer: Currency shown is based on currency conversion, please refer to actual currency price of the property.
