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1-7/1A Sydney Road, Mudgee, NSW 2850, 14 Bedrooms, 7 Bathrooms, Unit

$3,500,000

1-7/1A Sydney Road, Mudgee, NSW 2850

14
7
7
2750m2
UnitListed on Tue Mar 19

Mudgee 14 Bedroom The Laneway

Being offered in one line is this set of seven individually Strata titled town houses that have been fully renovated throughout and run as part of a short-term accommodation business showing healthy investment returns. All furnishings are included and offer the ideal scale for a short term accommodation business or lucrative longer term furnished leases. 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.

- Open plan North facing living rooms and private rear yards

- Each boasts Two bedrooms with ceiling fans and robes

- Annual revenue from Short term bookings $339,653.42 (2023), $384,362.69 (2022)

- Stylish modern kitchen with gas cook top, electric oven

- Single carport plus plenty of off street parking to each

- All have Full climate control with Reverse cycle air conditioning

- The bathrooms are all renovated with walk in shower, timber vanity

- Proven returns furnished accommodation, on site cleaning storage

- Furnished rental potential of $273,000 pa - $750 pw each

- Unfurnished rental potential of $200,200 pa - $550 pw each

Location

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Estimate

Council Data

Planning ZoneGeneral Residential
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Lot Size600 m²
Height of Building8.5 m
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Mudgee High School
1.43 km
Secondary
7-12
Government
icsea: 937
Mudgee Public School
1.47 km
Primary
K-6
Government
icsea: 935

Property history

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Mudgee surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
1 Clarendon Place, Mudgee
0.19 km
5
2
-m2
Year 2024 Month 12 Day 17
$735,000
Council approved
UNIT 7 20 BURRUNDULLA AVE, Mudgee
0.31 km
3
2
-m2
Year 2024 Month 11 Day 11
$645,000
Council approved
22 Winbourne Street, Mudgee
0.43 km
3
1
-m2
Year 2024 Month 11 Day 11
$488,000
Council approved
36 George Street, Mudgee
0.49 km
3
1
-m2
Year 2024 Month 11 Day 05
$680,000
Council approved
7 CEDAR AVE, Mudgee
0.31 km
4
3
175m2
Year 2024 Month 08 Day 05
$840,000
Council approved

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Ref:113P11859Last update:2024-11-14 11:16:09