OFF MARKET

5/56 Industrial Drive
Mayfield East NSW 2304

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 170m2
Land area: 7119m2
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Property Details for 5/56 Industrial Dr, Mayfield East

Building Type
Commercial
Floor Size
170m2
Land Size
7119m2
Local Government
Newcastle
Lot/Plan
5/SP70888

Last Listing description (August 2023)

Conveniently located in Mayfield East in a tightly held commercial development, and only minutes to CBD and Newcastle Port.

This commercial unit enjoys exposure to Industrial Drive, consisting of 242 m2 of office space over 2 levels, together with a 50 m2 warehouse/workshop area.

The office component has an entry/reception area, 3 large open plan spaces and a private office - all of which are alarmed, data cabled and air-conditioned. There are also dual dual amenities plus a shower room and kitchen amenities on both levels.

Three (3) phase power is connected to the premises with the workshop/warehouse accessible via an automated roller door, and 4 allocated parking spaces right outside your door.

An ideal alternate city fring office opportunity, providing highway exposure, on-site parking, all at a much lesser rate than CBD offices.

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Property History for 5/56 Industrial Dr, Mayfield East, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$390,000
03 May 2016
Listed for Rent
$44k/w
07 Aug 2023
  • 17 Oct 2022
    Listed for Rent - Price not available
  • 19 Apr 2021
    Listed for Rent $7,821 / week
  • 26 Oct 2017
    Listed for Rent $19,554 / year
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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 882 properties. Over the last 5 years, Houses in Mayfield East have seen a 60.97% increase in median value, while Units have seen a 38.65% increase. As at 30 November 2024:

  • The median value for Houses in Mayfield East is $941,647 while the median value for Units is $724,332.
  • Houses have a median rent of $640 while Units have a median rent of $570.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Mayfield east on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Mayfield east.

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