OFF MARKET

44 Industrial Drive
Mayfield East NSW 2304

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 616m2
Land area: 1044m2
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Property Details for 44 Industrial Dr, Mayfield East

Building Type
Commercial
Floor Size
616m2
Land Size
1044m2
Local Government
Newcastle
Lot/Plan
2052/DP861616

Last Listing description (November 2015)

The property comprises a warehouse with trade showroom and offices. The warehouse is of steel portal frame construction with metal cladding and is accessed via a roller door at the rear. The showroom is accessed from the front of the property and features a glazed shopfront, trade counter and office, all with air-conditioning. The property also features well-appointed amenities, staff lunchroom, and several air-conditioned administration offices to the mezzanine level.
The property has excellent exposure to Industrial Drive, next to the United Service Station, and is accessed from George Street via a right of carriageway. Industrial Drive is a major arterial road servicing the Newcastle CBD and Port of Newcastle areas.
- On-site car parking located at the rear of the property

- Site area: 1,044sqm (approx.)
- Building areas:
Showroom, office & amenities: 88sqm (approx.)
Warehouse: 398sqm (approx.)
Mezzanine office: 130sqm (approx.)
Total: 616sqm (approx.)
Sale Price: $700,000 plus GST

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Property History for 44 Industrial Dr, Mayfield East, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$675,000
02 May 2016
  • 02 May 2016
    Sold for $675,000
  • 20 Aug 2015
    Listed for Sale Not Disclosed
  • 12 May 2008
    Sold for $640,000
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About Mayfield East 2304

The size of Mayfield East is approximately 0.6 square kilometres. It has 2 parks covering nearly 3.5% of total area. The population of Mayfield East in 2011 was 1,709 people. By 2016 the population was 1,703 showing a population decline of 0.4% in the area during that time. The predominant age group in Mayfield East is 20-29 years. Households in Mayfield East are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mayfield East work in a professional occupation. In 2011, 61.5% of the homes in Mayfield East were owner-occupied compared with 60.1% in 2016.

Mayfield East has 871 properties. Over the last 5 years, Houses in Mayfield East have seen a 64.34% increase in median value, while Units have seen a 46.31% increase. As at 31 October 2024:

  • The median value for Houses in Mayfield East is $941,220 while the median value for Units is $736,481.
  • Houses have a median rent of $608 while Units have a median rent of $570.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Mayfield east on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Mayfield east.

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