36 Waratah St 0.12 Acres of Commercial Land in Mayfield, NSW 2304

36 Waratah Street presents a rare opportunity to secure a freehold corner site in one of Newcastle’s most tightly held residential suburbs. This 478 sqm* parcel offers a true blank canvas for developers and investors seeking to capitalize on the strong demand for quality housing in the city fringe. Zoned R2 Low Density Residential, the property supports a wide range of residential development options, including single dwellings or multi-dwelling projects (STCA).
The site boasts generous dimensions with dual street frontages—approximately 48.1 meters to Fitzroy Street and 12.5 meters to Waratah Street—enhancing design flexibility and access. Its prime location in Mayfield places future residents within walking distance of Webb Park, local eateries, and supermarkets along Maitland Road, while Newcastle CBD is just a 10-minute drive away.
Opportunities of this nature are exceptionally scarce, with the last comparable land sale in the area occurring in 2022. This property is ideally positioned for developers looking to deliver boutique residential projects in a high-demand market. The auction will be held on Thursday, 5 March 2026, at 11:00 AM (AEDT) at Rydges Newcastle, corner of Wharf Road and Merewether Street.