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About this property
For Sale by Expressions of Interest closing Thursday 14th August 2025 at 4pm (AEST) Positioned in a prominent location on main arterial road, this property presents a rare mixed-use investment opportunity in a growth hotspot. Featuring convenient rear lane access and two dedicated parking spaces per property, it offers diversified income streams and solid long-term potential. Located in the thriving suburb of Mayfield, the asset benefits from its close proximity to major urban hubs and key commercial districts, making it an attractive proposition for investors. Leased to UAT, the property includes an 82sqm* ground floor commercial space, currently undergoing a brand-new fit-out. Above, the two-bedroom residential unit offers one bathroom and a spacious living area. The property also includes two dedicated parking spaces. It is fully leased, generating a gross annual income of $48,352.20 plus GST. - Generating $48,352.20* gross per annum + GST - Fully leased mixed-use assets with secure commercial and residential tenancies - 82sqm* commercial space - Rear lane access and two dedicated car spaces - Situated on a main arterial road with strong exposure - Positioned in a revitalising inner-city suburb just 4km* from the Newcastle CBD - Zoned MU1 Mixed Use *Approximately
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Parking
- 2
- Land Area
- 184 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Mayfield
This 2-bedroom apartment in Mayfield, NSW 2304 sits within reach of public transport, local shops and nearby schools.
Schools near Mayfield
- Hunter Christian Schoolcombined · K-12 · CoEd
- St Dominic's Catholic Collegecombined · U · CoEd
- Mayfield West Public Schoolprimary · P-6 · CoEd
- St Columban's Primary Schoolprimary · K-6 · CoEd
- San Clemente Catholic Collegesecondary · 7-10 · CoEd
What's nearby
- Maitland Rd at Corona St (bus) — 52 m away
- Unnamed — 43 m away
- Dangar Park — 248 m away
- Litchfield Park — 440 m away
- Acacia Avenue Reserve — 648 m away
Mayfield at a glance
Full suburb profile- Population
- 36
- Median age
- 53
- Household income
- $780/wk
- Median rent
- $400/wk
Source: ABS Census.
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Suburb market
Suburb price trend
Mayfield price trend
Median sold · Unit 2 bed
Compound growth +5.9% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Mayfield marketSide-by-side analysis
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