SOLD
Sold on 05 Mar 2024 for $225,000

13/8 Spit Island Close
Mayfield West NSW 2304

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 30m2
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Property Details for 13/8 Spit Island Cl, Mayfield West

Building Type
Commercial
Land Size
30m2
Local Government
Newcastle
Lot/Plan
13/SP105582

Last Listing description (November 2023)

For Sale

This brand new and affordable warehouse unit is conveniently situated in the highly sought-after and fast-growing Steel River Industrial Estate, providing a convenient solution for all your storage requirements. Located on the corner of Spit Island Close, just a short 10* minute drive from Newcastle and easy access to the M1 Pacific Motorway, this property offers convenient drive-around accessibility.

The unit is built with precast concrete panel walls, ensuring excellent security and insulation

throughout. Additionally, it offers the convenience of a mezzanine and loft, providing ample space for all your extra storage needs.

Key Features

- Roller door access
- LED lighting
- Single phase power - 20 amps
- NBN internet available
- Roller door access
- Ample room to park trailers or vehicle in unit bays
- Keyless remote access
- Extensive on-site car parking
- Zoned E4 General Industrial formally known as IN2 Light Industrial

Areas:

Ground floor area 30sqm*
Mezzanine 26sqm*
Loft 8sqm*
Total building area 64sqm*

*Approximately

Property History for 13/8 Spit Island Cl, Mayfield West, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$225,000
05 Mar 2024
Listed for Rent
$14k/w
10 Nov 2023
  • 05 Mar 2024
    Sold for $225,000
  • 08 Aug 2023
    Listed for Rent - Price not available
  • 14 Apr 2022
    Sold for $181,500

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About Mayfield West 2304

The size of Mayfield West is approximately 2.5 square kilometres. It has 8 parks covering nearly 8.3% of total area. The population of Mayfield West in 2011 was 1,770 people. By 2016 the population was 1,896 showing a population growth of 7.1% in the area during that time. The predominant age group in Mayfield West is 20-29 years. Households in Mayfield West are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mayfield West work in a professional occupation. In 2011, 62.3% of the homes in Mayfield West were owner-occupied compared with 58% in 2016.

Mayfield West has 1,561 properties. Over the last 5 years, Houses in Mayfield West have seen a 77.23% increase in median value, while Units have seen a 50.44% increase. As at 31 August 2024:

  • The median value for Houses in Mayfield West is $843,916 while the median value for Units is $598,232.
  • Houses have a median rent of $590 while Units have a median rent of $675.
There are currently 4 properties listed for sale, and 5 properties listed for rent in Mayfield west on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Mayfield west.

Suburb Insights for Mayfield West 2304

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.