27-29 Fitzroy StreetMayfield NSW 2304
Property Details for 27-29 Fitzroy St, Mayfield
27-29 Fitzroy St, Mayfield is a 6 bedroom, 3 bathroom House with 3 parking spaces and was built in 1920. The property has a land size of 462m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (November 2020)
Fantastic opportunity for any savvy investors looking for a solid return with this rare find of 3 units in this ideal location on the corner of Fitzroy and Gavey Streets Mayfield. Close proximity to Mayfield's shopping precinct with popular local cafes within walking distance. Currently the units are returning a combined income of $46,280 p/a with happy tenants happy to stay on. Scope to add value or landbank for now for future development potential (STCA) in this Newcastle suburb hotspot.
Currently the units are configured as folows:
1/29 Fitzroy Street, Mayfield 2B,1B,1 Carspace $260p/w
2/29 Fitzroy Street, Mayfield 2B,1B, 1 Carspace $330p/w
3/29 Fitzroy Street, Mayfield 2B,1B, 1 Carspace $300p/w
- Private inspections by appointment
- Rental return $46,280 p/a
- No Strata fees
- All units have lovely courtyard areas
- Secure parking at rear of premises
- Close to local schools, shops, cafes & transport
- Short drive to Newcastle's finest beaches, restaurants, cafes & nightlife
Outgoings:
Council Rates $1870 p/a
Water Rates $825 p/a
Property is proudly marketed by Scott Ferris from One Agency Ferris Properties. Please call Scott today for all enquiries regarding this property.
Property History for 27-29 Fitzroy St, Mayfield, NSW 2304
- 29 Oct 2020Sold for $800,000
- 20 Jun 2020Listed for Sale Contact Agent
- 15 Jun 2015Sold for $650,000
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0About 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.
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