25 Perry StreetMudgee NSW 2850
Property Details for 25 Perry St, Mudgee
25 Perry St, Mudgee is a 1 bedroom, 1 bathroom Unit. The property has a land size of 503m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (October 2022)
25 Perry Street, Mudgee comprises an exceptional commercial investment located in the heart of Mudgee's vibrant CBD.
Situated on a prime corner site of 503 square metres, and boasting net income of $105,988 per annum, providing purchasers with a strong income stream whilst being underpinned by its high land value and future development potential.
Comprising four shops fully leased to a diverse mix of tenants along with a residence on level one, this property offers astute investors the rare opportunity to acquire a prime investment in one of the most tightly held precincts in the state. Opportunities of this calibre are rarely available, with properties typically held in the same ownership for generations.
- High profile corner site of 503sqm with prominent street frontages
- Five fully leased spaces with secure long term tenants in place
- Net income of $105,988 per annum, with fixed rent review profile
- Future development potential with expanding commercial core
- Low maintenance investment opportunity
- Situated adjacent to Club Mudgee, Woolworths
Property History for 25 Perry St, Mudgee, NSW 2850
- 07 Oct 2022Listed for Sale Contact Agent
- 06 Oct 2022Sold for $1,600,000
- 26 Feb 2019Listed for Rent $310 / week
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0About 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.
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