FOR SALE
$3,500,000

1-7/1a Sydney Road
Mudgee NSW 2850

Bedrooms: 14
Bathrooms: 7
Car spaces: 7
Land area: 2750m2
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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
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Property Details for 1-7/1a Sydney Rd, Mudgee

1-7/1a Sydney Rd, Mudgee is a 14 bedroom, 7 bathroom BlockOfUnits with 7 parking spaces. The property has a land size of 2750m2. The place is currently for sale with MCGRATH CENTRAL TABLELANDS.

Building Type
BlockOfUnits
Land Size
2750m2

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About Mudgee 2850

The size of Mudgee is approximately 29.7 square kilometres. It has 28 parks covering nearly 29.6% of total area. The population of Mudgee in 2011 was 9,829 people. By 2016 the population was 10,912 showing a population growth of 11.0% in the area during that time. The predominant age group in Mudgee is 0-9 years. Households in Mudgee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mudgee work in a trades occupation. In 2011, 60.8% of the homes in Mudgee were owner-occupied compared with 59.7% in 2016.

Mudgee has 7,099 properties. Over the last 5 years, Houses in Mudgee have seen a 71.73% increase in median value, while Units have seen a 80.42% increase. As at 31 October 2024:

  • The median value for Houses in Mudgee is $677,170 while the median value for Units is $451,802.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 76 properties listed for sale, and 42 properties listed for rent in Mudgee on OnTheHouse. According to CoreLogic's data, 297 properties were sold in the past 12 months in Mudgee.

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Adam Woods
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