FOR SALE
$645,000 (No GST)

264 Maitland Road
Mayfield NSW 2304

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 100m2
Land area: 165m2
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SHORT TERM INVESTMENT READY TO OCCUPY LATE 25'

Looking for a new retail shop or office but just not yet?.. Welcome to 264 Maitland Rd Mayfield.
A perfect short term investment until Nov' 25' the lease has no option to renew which leaves the property vacant, ripe & ready for you to set up & open up your new retail shop or office with a floor area of approx. 100 sq/m.
Take the current net income of approx. $30,000 Net PA whilst you work on setting up the property for the location of your next business venture.
With a lot size of approx. 165 sq/m the site also has main rd frontage with high exposure & a rear yard area with rear access off the laneway.

Property Details for 264 Maitland Rd, Mayfield

Building Type
Commercial
Floor Size
100m2
Land Size
165m2

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About Mayfield 2304

The size of Mayfield is approximately 3.2 square kilometres. It has 18 parks covering nearly 6.9% of total area. The population of Mayfield in 2011 was 9,070 people. By 2016 the population was 9,301 showing a population growth of 2.5% in the area during that time. The predominant age group in Mayfield is 20-29 years. Households in Mayfield are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mayfield work in a professional occupation. In 2011, 58.3% of the homes in Mayfield were owner-occupied compared with 55% in 2016.

Mayfield has 5,213 properties. Over the last 5 years, Houses in Mayfield have seen a 70.92% increase in median value, while Units have seen a 54.61% increase. As at 31 August 2024:

  • The median value for Houses in Mayfield is $885,085 while the median value for Units is $649,179.
  • Houses have a median rent of $620 while Units have a median rent of $478.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Mayfield on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Mayfield.

Suburb Insights for Mayfield 2304

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Reece Harrison
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Warren Plumb
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Raine & Horne Commercial New Castle
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.