SOLD
Sold on 23 Nov 2023 for $269,500

5/8 Spit Island Close
Mayfield West NSW 2304

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 38m2
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Property Details for 5/8 Spit Island Cl, Mayfield West

Building Type
Commercial
Land Size
38m2
Local Government
Newcastle
Lot/Plan
5/SP105582

Last Listing description (November 2023)

Brand new industrial unit located within the sought after Steel River Industrial Estate and only minutes to the Newcastle CBD with easy access to the Pacific Highway, Port and Airport.

Situated within the prestigious Cubbyhole development, with a prominent position allowing for excellent exposure and street front access. The unit is constructed with low maintenance concrete tilt panels and features glass shopfront entry with roller door access from the rear and NBN connectivity with water and sewerage provisions capped at ground level. Common area amenities with showers and on-site parking is also included providing further convenience.

The perfect space for all types of businesses and users whether you are a start-up, artisan or hobbyist, or just a small business or trades person looking for your own work or storage space within the unique Cubbyhole working community.

Contact our office to find out more.
*Outgoings noted are estimates only.

Property History for 5/8 Spit Island Cl, Mayfield West, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$269,500
23 Nov 2023
Listed for Rent
$14k/w
03 Nov 2023
  • 23 Nov 2023
    Sold for $269,500
  • 16 Oct 2023
    Listed for Rent - Price not available
  • 24 Feb 2023
    Listed for Rent $18,200 / week
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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 1,560 properties. Over the last 5 years, Houses in Mayfield West have seen a 75.60% increase in median value, while Units have seen a 55.64% increase. As at 30 September 2024:

  • The median value for Houses in Mayfield West is $847,593 while the median value for Units is $602,789.
  • Houses have a median rent of $590 while Units have a median rent of $565.
There are currently 4 properties listed for sale, and 5 properties listed for rent in Mayfield west on OnTheHouse. According to CoreLogic's data, 90 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.