The Punthill Apartment Hotel, located in Maitland, New South Wales, Australia, presents an exclusive investment opportunity offering 49 apartments (76 keys) and 67 square meters* of retail space.

Kelemen Commercial and Response Projects are proud to present 373 High Street, Maitland – a premium hotel investment opportunity in one of Australia’s fastest-growing regional cities. This property is an ideal choice for international investors seeking stable and secure long-term income, combined with excellent growth prospects in the Australian market.

Investment Highlights:
· Stable Lease Agreement: Currently leased to the renowned Veriu Group, a well-established hospitality operator in Australia. The 10-year lease, with options extending to 2059, guarantees secure rental income of AUD $1,520,000 per year.
· Additional Income Streams: Future café rental income of approximately AUD $50,000 per year, and solar income of around AUD $5,000 per year.
· Rental Guarantee: A parent company guarantee will be provided for up to AUD $1,520,000 for a period of 5 years.
· Strong Management: With over 3,000 rooms managed across 22 locations, the Veriu Group leverages its extensive experience and proven operational strategies to drive consistent performance and maintain high occupancy rates.
· 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 and enhancing overall returns on investment.

Property Features:
· 49 Serviced Apartments (76 Keys): A mix of studio, one-bedroom, and two-bedroom apartments, including 23 dual-key apartments for flexible accommodation options.
· Site Area and Gross Floor Area (GFA): The property sits on a 2,106 square metres* site with a total GFA of 3,920 square metres*.
· Prime Location: Situated in Maitland’s CBD, just 160km from Sydney and 35km from Newcastle. Close to major infrastructure and business hubs, ensuring high demand for accommodation.
· Additional Spaces: 67 square meters* of retail space (under negotiation).
· Hotel Amenity: The property offers a range of modern amenities, including conference facilities, a guest gym, and 35 parking spaces, with provisions for electric vehicle charging, enhancing guest experience and future-proofing the property.

Why Maitland?
Maitland, located in the heart of the Lower Hunter Valley region of New South Wales, offers an exceptional investment environment with significant growth potential. As one of the fastest-growing regional cities in Australia, Maitland boasts a robust economy driven by key industries such as mining, healthcare, construction, tourism, and alternative energy. With a population expected to increase by 50,000 by 2041, the demand for accommodation and infrastructure is set to soar.

Strategically positioned just 35 km from Newcastle and 160 km from Sydney, Maitland enjoys excellent connectivity via major transport routes, making it a gateway for both business and leisure travellers. The ongoing infrastructure projects, including the M1

Pacific Motorway Extension and major housing developments are transforming the city into a key regional hub.

Maitland’s thriving tourism sector, fuelled by its proximity to the renowned Hunter Valley wine region and popular annual events like the Maitland Show and Riverlights Festival, ensures a consistent flow of visitors. The city’s growing commercial, residential, and tourism developments create long-term demand for high-quality short-stay accommodation, making it an ideal location for property investment.

Ideal for International Investors:
Australia is known for its stable legal and regulatory environment, making it an attractive destination for foreign investment. This property offers a low-risk, high-return investment opportunity in one of the most promising regional markets in New South Wales.

For more information please 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.