7 York Street, Mayfield NSW 2304

This expansive 455sqm2 property with dual frontage on Sunnyside Street is perfectly positioned within the Mayfield Renewal Corridor, an area identified for future growth and ideal for apartment development.

Currently housing a well-maintained home featuring 3 bedrooms, 1 bathroom, and ample off-street parking, this property offers immediate rental income of $500 per week. The R4 High Density Residential zoning, potential build height of 14 meters, and floor space ratio of 1:5:1 provide a multitude of development opportunities.

Additional highlights include:

Proximity to educational institutions: Waratah Public School, Corpus Christi Primary, St Philip's Christian College, Callaghan College, and Tilly's Childcare.
Just 200 meters from Waratah Station.
700 meters to Mayfield town center.
300 meters from the Medical Centre, Mayfield Ex-Services Club, and Genesis Gym.
Only 4.8 km (10 minutes) to Newcastle CBD and 6 km (15 minutes) to Bar Beach.

Disclaimer:
All information provided by Wilton Lemke Stewart in the marketing of a property for sale or lease has been sourced from various third-party outlets that we deem reliable. Nonetheless, Wilton Lemke Stewart cannot ensure its absolute accuracy, and we bear no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements in the information provided. Prospective buyers and tenants are encouraged to conduct their own due diligence and rely on their own investigations. All images, measurements, diagrams, renderings, and data are indicative and for illustrative purposes only, subject to potential changes.