Witness the resurgence of a landmark: Maitland Mercury redevelopment awaits
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The Agent Loves
"The creative DA for this property has provided an incredible opportunity for re-development and collaborative partnership in a central location surrounded by high-quality business".
The Location
Positioned in Maitland's dynamic hub, this prime and historic commercial property boasts a strategic location near key infrastructures. Just a short distance from the vibrant Maitland CBD, it offers not only immediate access to local amenities but also seamless connectivity to major routes, making Newcastle and the Hunter Valley within easy reach. An invaluable asset for discerning investors in a rapidly expanding location.
Maitland – 2 mins (0.5 km)
Stockland Green Hills – 9 mins (5.6 km)
Newcastle CBD – 40 mins (34.4 km)
The Snapshot
Situated in Maitland's commercial epicentre, the historic Maitland Mercury Building offers a DA-approved blueprint for a modern enterprise: bar, restaurant, 26-room accommodation, function centre, and 4 commercial units. Featuring 10 off-street parking spaces, existing tenancies, and an enviable location amidst premium businesses. A unique blend of historic charm and modern opportunity creates a prime investment canvas in a sought-after location.
The Property
Located at a pivotal junction in Maitland's bustling CBD, 258 High Street stands as a pillar of untapped potential. Historically known as the Maitland Mercury Building, this property combines rich heritage (local heritage) with a forward-looking vision. Embodying a treasured local heritage while embracing a vision of progress, this site is poised for a transformative partnership. We are actively seeking a visionary partner to collaborate and bring the existing Development Application (DA) to life, with the unique option for the current owner to remain on board, providing management continuity and ensuring the legacy and potential of this landmark are fully realised.
The strength of this site is magnified by its creative DA Approval. Prospective investors have a greenlit pathway to mould this space into a vibrant commercial venture: a trendy bar, a top-tier restaurant, 26 accommodation rooms, a cutting-edge function centre, and 4 modern commercial units. Each facet of this approval not only speaks to the versatility of the space but also to the substantial commercial yield that awaits.
In addition, given its strategic location, local Council subsidiary businesses, such as libraries or cultural centres, could consider this as an ideal spot for relocation or expansion. With the possibility of integrating functions with an art gallery, a new administrative building, and other community-focused ventures, this property stands as a cornerstone for consolidating various public amenities.
Accompanying the main building, which awaits its transformative touch, are two additional buildings already bolstered by existing commercial tenancies, offering an immediate avenue for diversified revenue.
Accessibility and convenience play a pivotal role, boasting 10 off-street car parking spots and direct vehicle access via Odd Street, 258 High Street ensuring smooth operations for future businesses. On-site utilities – from power, water, and sewerage to NBN FTTP connectivity – are ready for immediate use.
The property's CBD location is an undeniable advantage. Surrounded by an array of premium retail outlets, hospitality venues, educational institutions, and government facilities, any venture here is poised to thrive amidst high-quality business neighbours.
Historic architectural details punctuate the building's character, offering a unique aesthetic appeal in a contemporary commercial setting.
258 High Street, Maitland is more than just a historic property; it's a commercial canvas ready for visionary execution. Stake your claim in a prime location, harnessing both its storied past and the undeniable opportunity of its future. This is a call to action for strategic partnership, offering a chance to stake your claim in a prime location.
SMS 258High to 0428 166 755 for a link to the online property brochure.
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