22 Nelson Street, Mayfield, New South Wales, 2304

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Sold

Sold

Ideal Investment

Ripe for renovation this traditional Mayfield cottage is situated on a leafy street in the heart of Mayfield. This property is set up as two flats that are currently tenanted for $480 per week however, it would be easily converted back to a spacious four bedroom family home. It presents the ideal opportunity for the savvy investor, renovator or first home buyer.

Flat One

- Single spacious bedroom

- Living room with fireplace

- Functional kitchen and bathroom

- Shared laundry

- Currently rented for $220 per week

Flat Two

- Two spacious bedrooms

- Open plan kitchen, dining and living area

- Functional bathroom

- Shared laundry

- Currently rented at $260 per week

A short stroll to the suburb’s vibrant town centre with a selection of local cafes, shops and within close proximity to a number of highly regarded schooling and transport options. Newcastle CBD and some of Australia’s best beaches are also only a short 10-minute drive away.

We Know Your Area

R&H Suburb Profile: Mayfield

R&H Suburb Summary Houses
Number of sales 166
Average Price $575,891
Median Price $558,000
Median Rental Price $435 p.w.
Change in Rental Rate (5yr) 10 %
R&H Suburb Summary Units
Number of sales 19
Average Price $434,132
Median Price $428,000
Median Rental Price $380 p.w.
Change in Rental Rate (5yr) 15 %
Mayfield, NSW - Median Trend
  • 22 Nelson Street, Mayfield,
    New South Wales, 2304