39 Maitland RoadMayfield NSW 2304
Property Details for 39 Maitland Rd, Mayfield
Last Listing description (June 2020)
EXCLUSIVE TO CRE BROKERS
Profitable Freehold Going Concern Hotel offered for the first time to the market in 30 years!
Situated in the heart of Mayfield and adjacent to a new shopping village this single bar gaming Hotel has been family owned and run for over 30 years by the same family.
Perfectly positioned on a prominent corner block upon 1,148m2 of Mixed Use Zoned land with excellent exposure and dual street frontage, the Hotel offers multiple income streams with excellent returns and has much to offer the incoming buyer.
Featuring a spacious public bar, bistro, gaming room with 13 brand new Aristocrat gaming machines, smoking deck, adjoining toilets, large drive through Bottlemart bottle shop, beer garden, coin operated laundry and ample parking with 22 off street parks at the rear of the Hotel.
In addition the Hotel offers 15 pub style accommodation rooms with an impressive 90% occupancy rate combining permanent residents and travelling workers plus a spacious 2 bedroom manager`s residence.
Located within the Newcastle City Council Area and only 7kms from the CBD and new wharf development, Mayfield is currently undergoing massive redevelopment in several areas including a new shopping precinct right on the doorstep of The Beauford Hotel.
A property of this nature will not last long on the market.
Contact Adam Sutton at CRE Brokers to arrange your inspection of this outstanding Freehold Hotel.
Property History for 39 Maitland Rd, Mayfield, NSW 2304
- 29 Sep 2022Sold for $3,550,000
- 27 May 2022Sold
- 04 May 2022Sold for $3,700,000
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About Mayfield 2304
The size of Mayfield is approximately 3.2 square kilometres. It has 18 parks covering nearly 6.9% of total area. The population of Mayfield in 2016 was 9314 people. By 2021 the population was 9760 showing a population growth of 4.8% in the area during that time. The predominant age group in Mayfield is 30-39 years. Households in Mayfield are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mayfield work in a professional occupation.In 2021, 56.20% of the homes in Mayfield were owner-occupied compared with 55.00% in 2016.
Mayfield has 5,240 properties. Over the last 5 years, Houses in Mayfield have seen a 67.10% increase in median value, while Units have seen a 65.72% increase. As at 31 December 2025:
- The median value for Houses in Mayfield is $1,037,957 while the median value for Units is $729,150.
- Houses have a median rent of $680 while Units have a median rent of $610.
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