SoldFeb 13, 2026

40 Margaret Street, Mayfield East, NSW, 2304

$1,060,000

8
2
4
690 m²

House

15 days on the market

Sold: Feb 13, 2026

What's around 40 Margaret Street

Opportunity Knocks

Centrally located in one of Newcastle's fastest growing inner-city suburbs. This property offers incredible flexibility as there is the potential to lease out the existing property whilst obtaining DA approval for a multitude of development opportunities (dependent on NCC approval). Situated on a flat block approximately 690sqm with side access to the back of the block providing you with a blank canvas to bring your dreams to life. This is a good hardwood framed house with good sized rooms. You could potentially rent out all eight bedrooms (as they all have a kitchenette) - or embrace the opportunity to strip the home and fully renovate and create a perfect home. Located near this property: Waratah Train Station 3km away Industrial Drive less than 500m away Newcastle Tafe 2km Schools: Mayfield East Public School (530m) , St Dominic's College (640m), Callaghan College Waratah Technology Campus (1.87km) Sporting and recreational Awabakal Park (1km), Mayfield Bowling Club (750m), Mayfield Swimming Centre (750m) Opportunities like this don't come by very often. Everything is at your doorstep, this is a must see. Disclaimer: We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including and without limitation, any income, rentals, dimensions, areas, zoning, inclusions, and exclusions.

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