10/86 Ingall St

Mayfield NSW 2304

Townhouse

Last sold for $830,000

Michael Edwards, last sold this property on 22 May 2025 after 22 days on market.

Overview

Investors Take Note: High-Yield, Low-Maintenance Luxury Townhouse in Mayfield

This brand-new, never-lived-in three-bedroom townhouse combines contemporary design with high-end luxury, making it a prime opportunity for investors. With an estimated rental yield of 5% and a depreciation estimate of $13,000 in the first year, this property offers significant tax advantages and income potential. The townhouse is designed to impress with soaring ceilings that fill the space with natural light, enhancing the sense of openness and comfort. Timber flooring throughout the ground floor complements the modern aesthetic, while bespoke fixtures and flawless finishes elevate the living experience, ensuring high tenant appeal. Investment Highlights: 5% Estimated Rental Yield: Strong returns in a high-demand rental market. Depreciation Advantage: Estimated $13,000 in claimable depreciation in year one. Pristine condition as a brand-new, double-story townhouse with three bedrooms. Open-plan living areas and three separate living spaces for family-friendly versatility. Modern kitchen with premium timber cabinetry, black accents, and European appliances. Master suite with a private ensuite, featuring a luxurious double shower head, W/C, and a spacious robe. Additional bedrooms with large robes; main bathroom offering a modern design with a bath and double shower. Dedicated study nook and upstairs living area for additional functionality. Low-maintenance property with attached garage, ideal for both tenants and landlords. Located in the heart of Mayfield, just minutes from local shops, restaurants, and Newcastle's CBD. Proximity to high-performing schools: Mayfield East Public School (270 meters) and San Clemente High School (390 meters). Short 6.6 km commute to Newcastle's bustling CBD and beautiful beaches. This property represents an excellent investment opportunity, combining luxury with high rental demand and potential for strong capital growth. Don't miss out on this premium asset in one of Newcastle's most desirable suburbs.

Features

3 bedrooms

2 bathrooms

1 carspace

1 garage space

Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Mayfield over the last 12 months, the estimated median property value of 10/86 Ingall St is $920k.

Median value

$920k

Estimated value range

$761.5k - $1.25m

Median days on market

Estimated value trend

10%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Mayfield. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.