AT A GLANCE
14
total lots in this scheme
Managed by Precise Property Strata Management P/L. Located in Mayfield East, NSW. 20 other strata plans nearby
Lots
14
Year built
2003
Last report
—
Boundary sourced from NSW Spatial Services (StrataHub).
About this building
56 Industrial Drive is a 14-lot commercial strata scheme in Mayfield East, registered in 2003 and now about 22 years old. It is managed by Precise Property Strata Management P/L and is one of 21 strata plans in Mayfield East (Newcastle council area). Every lot at 56 Industrial Drive (lots 1–14) is part of strata scheme SP70888, so the levies, by-laws and disputes below apply to all of them. We found no NCAT tribunal decisions naming SP70888.
Buyer's snapshot
Everything a buyer should know about 56 Industrial Drive, on one page
- A red/amber/green verdict on each risk, with the evidence
- Plain-English summaries of every tribunal and court case
- Questions to ask the agent and strata manager
- A PDF you can forward to your conveyancer
Plan Details
- Plan Number
- SP70888
- Registered
- 2003-11-25
- LGA
- NEWCASTLE
- Postcode
- 2304
Lot Breakdown
- Total Lots
- 14
- Commercial
- 14
Building Age
22
years old
Registered 25 November 2003
Major waterproofing and roofing repairs are common at this age. Review the 10-year capital works plan
Strata Manager
Licence: 1410614
Last AGM: 23 March 2025
Possibly overdueAbout 1 year agoNSW strata schemes must hold an AGM at least once every 12 months.
Annual Reporting
9 July 2025
Status
active
Disputes in Mayfield East
No published NCAT or court decision names a strata plan in Mayfield East — including this building. That is not the same as no disputes: most strata disputes settle or are decided without a published judgment, and only decisions that name a plan number can be matched to a building at all.
Comparable Buildings in Mayfield East
Other strata plans in the same suburb, ordered by similarity in building size.
| Building | Lots |
|---|---|
| 46 Margaret Street SP95778 Managed by Strata Plus Pty Ltd | 8 |
| 2 Crebert Street SP62210 Managed by NVC Strata Pty Ltd | 6 |
| 49 Crebert Street SP43889 Managed by Wellman Strata Management Pty Ltd | 6 |
| 13 Margaret Street SP109129 | 5 |
| 47A Crebert Street SP56884 Managed by Lake Group Property Services Pty Limited | 5 |
| 12 Mounter Street SP93533 Managed by Lake Group Property Services Pty Limited | 4 |
Comparables are other strata plans in Mayfield East with similar lot counts.
Other strata buildings on Industrial Drive
- 52 Industrial Drive
SP66091 · 4 lots
More buildings managed by Precise Property Strata Management P/L
- 117 Old Pittwater Road, Brookvale
SP79892 · 209 lots
- 13 Orchard Road, Brookvale
SP67555 · 144 lots
- 5 Mooramba Road, Dee Why
SP98753 · 136 lots
- 40 Anzac Street, Chullora
SP99830 · 113 lots
- 6 Hargraves Street, Gosford
SP89890 · 112 lots
- 14 Ethel Avenue, Brookvale
SP93446 · 96 lots
Risk & History
Sales History
Recent Sales
| Date | Unit | Price |
|---|---|---|
| 29 Aug 2025 | Lot 4 | $925,000 |
| 11 Dec 2024 | Lot 14 | $770,000 |
| 28 July 2023 | Lot 13 | $400,000 |
| 9 June 2023 | Lot 12 | $670,000 |
| 4 Aug 2021 | Lot 10 | $1,072,500 |
| 29 June 2021 | Lot 12 | $560,000 |
| 3 May 2016 | Lot 5 | $390,000 |
| 1 Apr 2016 | Lot 10 | $450,000 |
| 31 Oct 2014 | Lot 13 | $80,000 |
| 2 Oct 2014 | Lot 1 | $291,500 |
28 sales total
Source: NSW Valuer General. Prices are as reported in settlement data and may not reflect current market values. Sales marked “Price withheld” are excluded from price calculations.
Crime Statistics
These statistics cover the entire Newcastle local government area, not this specific property.
Crime rates in Newcastle LGA are significantly higher than the NSW state average. (Oct 2024 - Sep 2025)
Source: NSW Bureau of Crime Statistics and Research (BOCSAR). Rates are per 100,000 population. Rank is out of 119 LGAs (1 = highest rate).
Neighbourhood
Suburb Profile
MAYFIELD EAST, NSW 2304
Transport Accessibility
Transport Score: C
Moderate public transport access
Nearest Train
Waratah
2.0km away · ~25 min walk
Bus Stops
11 within 500m · 37 within 1km
Source: Transport for NSW GTFS data (CC BY 3.0 AU). Distances are straight-line (not walking). Walking times assume 80m/min. Transport Score is indicative only.
School Catchment Zones
This property falls within the following NSW government school intake areas.
Primary
Mayfield EPS
primary
Secondary
Callaghan Jesmond
high coed
Callaghan Waratah Tech
high coed
Source: NSW Department of Education. Catchment zones are updated nightly and subject to change. Visit School Finder for official information.
STRATA MANAGER
Precise Property Strata Management P/L
View profile →
- Licence
- 1410614
- Last AGM
- Mar 2025
- Status
- active
BUILDING BASICS
- Lots
- 14
- Commercial
- 14
- Year built
- 2003
- LGA
- NEWCASTLE