22 Nelson Street, Mayfield, NSW 2304

  • 3
  • 2

Sold

Sold for $540,000 (Nov 07, 2019)

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.

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Property Info:
  • Property ID: 1P3018
  • Property Type: House
  • Land Area: 366.7 sqm
We Know Your Area
R&H Suburb Profile: Mayfield

R&H Suburb Summary Houses
Number of sales 167
Average Price $583,342
Median Price $575,000
Median Rental Price $430 p.w.
Change in Rental Rate (5yr) 10 %
R&H Suburb Summary Units
Number of sales 23
Average Price $474,565
Median Price $450,000
Median Rental Price $375 p.w.
Change in Rental Rate (5yr) 17 %
Mayfield, NSW - Median Trend
$575,000