Prominently located and boasting a variety of amenities and features, this is a property poised to benefit from a potentially diverse range of re-purpose and upside opportunities.
• 860m²* site area
• 600m²* building area over two (2) floors
• Zone MU1: Mixed Use
• Onsite parking at rear
• Offered with vacant possession
AUCTION DETAILS:
Auction to be held on Thursday 4th July 2024 at 11AM on-site at 88 Hanbury Street, Mayfield NSW 2304.
*Approximately
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 5,156 properties. Over the last 5 years, Houses in Mayfield have seen a 69.43% increase in median value, while Units have seen a 53.76% increase. As at 30 September 2024:
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