SOLD
Sold on 19 Mar 2024 for $322,000

14/20 Mayfair Close
Morisset NSW 2264

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 151m2
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Property Details for 14/20 Mayfair Cl, Morisset

Building Type
Commercial
Land Size
151m2
Local Government
Lake Macquarie
Lot/Plan
14/SP97398

Last Listing description (November 2023)

Set in the rapidly expanding Morisset Business Park, these industrial warehouse units provide easy access to the M1, making them the perfect choice for businesses strategically located between Sydney, the Central Coast, and Newcastle.

Offering a metal-clad construction, private bathroom and kitchenette in each unit, one dedicated parking space, an electric high-clearance roller door at the front, and a manual roller door at the rear (exclusive to Unit 14) leading to a private courtyard, these industrial warehouse units cater to diverse business needs.

The versatile E4 General Industrial zoning permits various approved uses, such as industrial retail stores, light industries, and takeaway food establishments, making it an excellent opportunity for business growth, relocation, or establishment.

Key Features:
- Accessible amenities
- Kitchenette
- 1 car parking space per unit
- Translucent sheeting for great natural lighting
- 4.5m* wide x 5m* high electric roller door

*Approximately

Property History for 14/20 Mayfair Cl, Morisset, NSW 2264

A timeline of how this property has performed in the market
Last Sold
$322,000
19 Mar 2024
  • 19 Mar 2024
    Sold for $322,000
  • 10 Nov 2023
    Listed for Sale Contact Agent
  • 15 Dec 2017
    Sold for $202,400

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About Morisset 2264

The size of Morisset is approximately 26.9 square kilometres. It has 25 parks covering nearly 50.9% of total area. The population of Morisset in 2011 was 2,856 people. By 2016 the population was 3,237 showing a population growth of 13.3% in the area during that time. The predominant age group in Morisset is 70-79 years. Households in Morisset are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Morisset work in a professional occupation. In 2011, 69.5% of the homes in Morisset were owner-occupied compared with 63.2% in 2016.

Morisset has 2,935 properties. Over the last 5 years, Houses in Morisset have seen a 85.98% increase in median value, while Units have seen a 29.50% increase. As at 31 August 2024:

  • The median value for Houses in Morisset is $875,135 while the median value for Units is $571,148.
  • Houses have a median rent of $555 while Units have a median rent of $500.
There are currently 18 properties listed for sale, and 14 properties listed for rent in Morisset on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Morisset.

Suburb Insights for Morisset 2264

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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.