110-112 Church Street, Mudgee, NSW 2850

The Sherry Nelthorpe Terrace stands as a landmark structure at the core of Mudgee's CBD, offering a multitude of possibilities. This versatile property offers the ability for short-term accommodation, residential tenancies or a blend of purposes. Fully leased from this November to mid February by the same repeat company offering exceptional returns for the incoming investor.

Set in strategic pocket of Mudgee, one of the fastest growing precincts in NSW. With an average annual growth rate of 16.76% over the past 3 years and over 22 state significant developments planned for the region, now is a great time to invest in high yielding residential real estate.

- Four one-bedroom and two two-bedroom residential units

- Stunning double terrace facade, an iconic Mudgee building

- Annual revenue from Short term bookings $331,543.56(2023), $366,555.70(2022)

- Proven performer as a short-term accommodation business

- Furnished rental potential $161,200 -176,800 pa

- Unfurnished rental potential - $121,680 - $146,640 pa

- Meticulously upgraded with high quality finishes

- Generous 1210m2 site with dual access and off-street parking

- Prime location within Mudgee's CBD

- Option to add second level over rear parking area