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Overview
Positioned within a rapidly growing commercial hub in Mudgee, this 609sqm unit offers a secure investment opportunity with a long-term tenant delivering consistent returns. Its location just off the Castlereagh Highway places it at the heart of a high-traffic commercial precinct, increasingly defined by key developments such as the nearby Bunnings store.
The property’s flexible internal layout supports a variety of commercial uses, making it suited to investors seeking a dependable passive income stream as well as businesses desiring a strategic foothold within a burgeoning retail and industrial district. Customer parking at the front adds functional convenience, enhancing the asset's operational appeal.
With a 23+ year tenancy in place and net annual income plus additional levies creating a stable cash flow, this unit represents security within a dynamic growth area. The lease term extends to May 2027 with an option to continue for another five years, underscoring the property's long-term viability and desirability to tenants.
Investors will appreciate the combination of Mudgee’s regional growth, limited competing industrial-commercial stock, and the asset’s embedded tenant relationship—all combining to establish this property as a robust addition to a commercial portfolio within a key regional retail hub.
Local Market Insights
In Mudgee, Quiet Listings observed 2 new units entering the market over the last 30 days, down from 3 during the previous 30-day period, with an average advertised asking price of $754,500. The property type mix of listed properties is predominantly Houses at 75%, followed by units (13%), and duplexes (6%). The most active agency for units in the Mudgee area is currently McGrath Estate Agents, representing 50% of new listings, followed by First National with 50%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $1,500,000 | |
| $1,550,000 | |
| Auction Guide $1,550,000 |