49 Hanbury StreetMayfield NSW 2304
Property Details for 49 Hanbury St, Mayfield
49 Hanbury St, Mayfield is a 7 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 759m2 and floor size of 322m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 7 bedroom House sold in Mayfield in the last 12 months.
Last Listing description (October 2024)
Rarely do you find a property suited to a range of businesses or investors with R4 zoning within a renewal corridor with a potential rental yield of over 6%.
This expansive 7 bedroom property features two living areas, two kitchens, dining room, storage rooms, ducted AC and a covered courtyard area.
An ideal property for use as a group home (STCA) and approval for 'change of use' as a Health Services Facility this property will suit many businesses. And there are many other possible uses under the zoning (with consent) such as boarding houses, child care facility, co-living housing (e.g. student accommodation) plus more.
Sitting on a block of 759 square metres with a street frontage of over 15m the site also has significant development potential. Zoned R4 (High Density Residential) and within the Mayfield Rewal Corridor the site has a potential build height of 20m and a floor space ratio of 2:1 giving multiple development options.
The site is ideally located being only 200m from the Mayfield Village Centre and 450m from Waratah Train Station. The site has good access to transport links, with the Pacific Highway 200m away.
The site is within walking distance of Maitland Road (main shopping area), gyms, clubs,
pubs, cafes & restaurants and bus stops and a train station.
The approximate distance to amenities and places is detailed below:
Waratah Train Station - 450m
Maitland Village Centre - 200m
Mayfield Ex Services Club - 20m
Mayfield Medical Centre - 200m
Genesis Health & Fitness - 20m
Web Park - 150m
Mayfield Pool - 1.6km
Newcastle CBD - 4.4km
John Hunter Hospital - 6.8km
University of Newcastle - 3.8km
Newcastle Interchange - 4.4km
Bar Beach - 6.9km
Property History for 49 Hanbury St, Mayfield, NSW 2304
- 21 Aug 2024Sold for $1,175,000
- 01 Jul 2024Listed for Sale $1,175,000
- 06 Jul 2019Listed for Rent - Price not available
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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 5,148 properties. Over the last 5 years, Houses in Mayfield have seen a 67.99% increase in median value, while Units have seen a 51.36% increase. As at 31 October 2024:
- The median value for Houses in Mayfield is $886,724 while the median value for Units is $637,875.
- Houses have a median rent of $620 while Units have a median rent of $480.
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