28 Denison St

Mudgee NSW 2850

1091 m²

Block of units

Currently for sale - view listing

Overview

Block of Units - Rare Investment Opportunity in East Mudgee

Positioned in a peaceful and sought after East Mudgee location and set amid attractive period homes and wide leafy streets just two blocks from the vibrant CBD, this quality block of units offers a prime investment opportunity with excellent returns and strong rental history. To be sold in one line. * Solid brick construction, well maintained and with recent upgrades and improvements throughout * Comprising 6 units in total: - 2 x one bedroom, one bathroom units - 4 x two bedroom, one bathroom units * Each with combined living and dining areas, modern kitchens and bathrooms * Reverse cycle air conditioning to each * Low maintenance yards and courtyards * Covered carport parking provided for each residence * Combined rental income of $120,640 per annum approx. * Outgoings including rates, water and insurance approx. $14,000p.a. (exclusive of managing agent's fees) * Fully tenanted with excellent rental history, previously easily re-let if necessary * Desirable East Mudgee location approximately 3-3.5 hours drive from Sydney * Inspections available by appointment Within easy walking distance to cafes, shops, parks, and schools, the property combines comfort, convenience, lifestyle appeal and a reliable income stream. Offering an attractive return with secure income and future growth potential in one of regional NSW's most popular towns, this property is a standout addition to any serious investment portfolio. Contact Damian Kearns on 0428 144 905 of The Agency Mudgee for further details, additional images, a copy of the pest and building inspection or to arrange an inspection.