For Sale

40 Industrial Drive, Mayfield East, NSW 2304

Expressions of Interest Closing 10th November

Residential Land

Type

2,381 m²

Area

Published on Thursday, October 01, 2026 ( See property details for 40 Industrial Drive, Mayfield East, NSW 2304)

Expressions of Interest Closing 10th November

Jesse Mulligan Managing Director

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AI Property Insight

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A prime strategic land and retail investment opportunity with a long-term lease to United Petroleum on a prominent arterial road in Mayfield East.

🏡 Property Highlights

Prominent 2,381m² land holding with 110m frontage on major arterial road
Recently upgraded with kitchens, offices, and open-plan retail space
High clearance concrete hardstand area with 7 fuel bowsers
Strategic location just 10 minutes from Newcastle CBD and close to key transport links
Long-term lease to United Petroleum with 15-year term to 2045
Current passing rent of $359,139 plus GST with upcoming increase in 2026

✨ Key Features

Open-Plan Living
Built-in Robes
Garage
Outdoor Area
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Fully fenced
Water tank

Suburb and Property Insights of Mayfield East, NSW 2304

Mayfield East offers a vibrant industrial and retail hub with excellent connectivity to Newcastle CBD, Kooragang Island, and the Hunter Valley. The area benefits from high passing traffic, strategic transport links, and ongoing development, making it an ideal location for investment. Its proximity to major infrastructure ensures sustained growth and accessibility. The neighbourhood combines industrial practicality with retail convenience, attracting diverse businesses and consumers. With significant landholding and long-term leasing opportunities, Mayfield East is a prime location for strategic property investment.

Frequently Asked Questions

What are the current uses and zoning for this land?

The property is designated for industrial and retail use, suitable for commercial activities, with existing retail upgrades and a fuel station operation.

What are the future development restrictions or plans for the area?

Potential buyers should consult local council planning schemes for any future zoning changes or development restrictions affecting the property.

Are there any environmental or site contamination issues?

All available information indicates the site has been upgraded and maintained; however, prospective purchasers should conduct their own environmental assessments.

What are the details of the lease agreement with United Petroleum?

The lease commenced in November 2020 for 10 years, with three additional 5-year options, totaling 15 years to 2045, with a current rent of $359,139 plus GST and scheduled increases.

Are there any upcoming planning or infrastructure projects nearby?

Interested parties should check with local authorities for any planned developments or infrastructure projects that may impact the property.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance expenses associated with the property? Has the property been subject to any environmental contamination or remediation works? Are there any zoning restrictions or future planning proposals that could affect the property's use? Is there any history of disputes or issues with the current leaseholder? Are there any easements, covenants, or restrictions on the land that could limit development or use? What are the details regarding the property's compliance with local building and safety regulations? Could nearby construction or infrastructure projects impact the property's value or accessibility? Are there any known flood or bushfire risks in the area? What are the terms and conditions of the lease renewal options? Is there any strata or body corporate arrangement affecting the property or surrounding land?

40 Industrial Drive, Mayfield East, NSW 2304 - More Details

Expressions of Interest Closing 10th November

Mulligan Property Group have been appointed for the marketing and Freehold Sale of 40 Industrial Drive, 'United Petroleum'.

Prominent Land Holding some 2,381m2 with 110m fronting major artillery road.
Recently internal upgrades complete with prominent and Popular 'Pie Face' adjoining United while offering kitchens, offices and open plan retail floor space.

High clearance, impressive concrete hardstand area's and 7 fuel bowsers.
Located on Industrial Road with passing traffic some 37,000 per day* (government assessment)

Lease Particulars:
Lease to United Petroleum commenced November 2020.
Term – 10 years
Further terms 3 x 5 years totaling 15 years to 2045.
Lessee responsible for payment of all outgoings
Currently passing rent of $359,139.00 plus GST
Upcoming increase in November 2026.

Location:
10 minutes to Newcastle CBD
5 minutes to Kooragang island offering major through way to Newcastle International Airport and Mid North Coast
5 minutes to Maitland Road to the Hunter Valley Regions

An excellent strategic purchase opportunity to acquire a value add long term asset located on the major access way to the City of Newcastle.

Contact Jesse Mulligan for the Information Memorandum

Disclaimer:
All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions. (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

Type: Residential Land
Area: 2,381 m²

Map & nearby places — 40 Industrial Drive, Mayfield East, NSW 2304

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40 Industrial Drive, Mayfield East, NSW 2304

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