15 Murray Dwyer CircuitMayfield West NSW 2304
Property Details for 15 Murray Dwyer Cct, Mayfield West
Last Listing description (November 2020)
An exciting opportunity to acquire a fully leased, multi-tenanted investment property anchored by a long-established BP service station.
The Property is positioned with massive frontage to the industrial highway linking Newcastles premier Steel River Business Park to the Port of Newcastle and CBD.
Modern construction and well presented, 3 x tenants provide diverse income streams for this quality investment.
- 100% leased
- New 5 year lease to an established BP service station operator
- WALE of 4.07 years by income
- Net income $492,276 pa + GST
- Diverse tenancy profile
- 6,813m2* site area
- Dual access inlcuding rear access to Murray Dwyer Circuit
- Adjoining Steel River, Newcastle's premier Business Park
- Positioned 6km* west of the Newcastle CBD
Expressions of Interest close Thursday 29 October 2020 at 4pm.
*approximately
Property History for 15 Murray Dwyer Cct, Mayfield West, NSW 2304
- 18 Dec 2025Sold for $8,000,000
- 18 Nov 2020Sold for $6,875,000
- 23 Sep 2020Listed for Sale Contact Agent
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About Mayfield West 2304
The size of Mayfield West is approximately 2.5 square kilometres. There are 8 parks, covering nearly 8.3% of the total area. The population of Mayfield West in 2016 was 1895 people. By 2021 the population was 1993 showing a population growth of 5.2% in the area during that time. The predominant age group in Mayfield West is 30-39 years. Households in Mayfield West are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mayfield West work in a professional occupation.In 2021, 57.90% of the homes in Mayfield West were owner-occupied compared with 58.00% in 2016.
Mayfield West has 1,606 properties. Over the last 5 years, Houses in Mayfield West have seen a 40.45% increase in median value, while Units have seen a 56.50% increase. As at 31 July 2026:
- The median value for Houses in Mayfield West is $1,003,100 while the median value for Units is $731,364.
- Houses have a median rent of $700 while Units have a median rent of $500.
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