Burgess Rawson from CBRE is pleased to offer to the market 262 High Street, Maitland (Newcastle) NSW, a premium freehold medical investment leased to PRP Diagnostic Imaging, for sale via Investment Portfolio Auction 179.

The property has the following key investment highlights:

+ Renewed 10-year net lease to December 2034 with one (1) further five (5) year option
+ Leased to PRP Diagnostic Imaging: leading diagnostic imaging provider with 32 locations and growing, servicing 1 million+ patients annually, owned by IFM Investors & UniSuper with a combined $381 billion¹ Assets Under Management
+ Extremely well-presented and recently renovated 930sqm* medical imaging facility with extensive tenant funded fit-out including MRI and radiology infrastructure
+ Substantial 2,080sqm* corner freehold with 114m* of dual street frontage in the heart of Maitland CBD with on-site parking for 26 cars
+ Secure rental growth with annual reviews to the greater of CPI or 4%
+ Landlord friendly net lease with tenant paying all outgoings as per lease, including council rates, insurance, management fees, and multi-holding land tax
+ Recently refurbished and extended medical centre offering depreciation benefits
+ Strategic position directly between Coles and the ALDI anchored Riverside Plaza Shopping Centre, and opposite Reading Cinemas and Central Maitland Medical Centre
+ Located within one of Australia’s fastest-growing regional centres, Maitland’s population of 98,163 is forecast to exceed 144,500 by 2041², with a Gross Regional Product of $8 billion and economic output of $15.56 billion²
+ Supported by significant health infrastructure including the $470m Maitland Hospital and $13m Maitland Private Hospital redevelopment
+ Net Income: $286,700 pa* + GST

To be sold individually via Investment Portfolio Auction 10:30am (AEST) Wednesday 17 September 2025, Yallamundi Rooms, Sydney Opera House

+ PRP Wollongong (South Coast), NSW
+ PRP Denistone (Sydney), NSW
+ PRP Tuggerah (Central Coast), NSW

Please contact the exclusively appointed agents for further information.

*Approximate
1 IFM & UniSuper
2 profile.id / remplan