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Overview
28 Denison Street, Mudgee
Located in a tranquil and highly sought-after area of East Mudgee, this well-maintained block of units is surrounded by charming period homes and wide, leafy streets. Just two blocks from the bustling central business district, this property presents an exceptional investment opportunity with strong rental returns and a proven rental history. The entire block is offered for sale as a single line.
The construction is solid brick, reflecting quality and durability, with recent upgrades and improvements enhancing the overall condition. The property comprises six units in total, including two one-bedroom, one-bathroom units and four two-bedroom, one-bathroom units. Each unit features combined living and dining areas, modern kitchens, and bathrooms designed for comfortable living.
- Reverse cycle air conditioning installed in each unit for year-round comfort
- Low maintenance yards and courtyards provide ease of upkeep
- Covered carport parking is available for each residence, ensuring convenience and protection for vehicles
- The combined rental income is approximately $120,640 per annum, offering a reliable income stream
- Outgoings, including rates, water, and insurance, total approximately $14,000 per annum, exclusive of managing agent fees
- The property is fully tenanted with an excellent rental history and has been previously easy to re-let if necessary
- Situated in a desirable East Mudgee location, approximately a three to three and a half hour drive from Sydney
- Inspections are available by appointment
Within easy walking distance to cafes, shops, parks, and schools, this property combines comfort, convenience, lifestyle appeal, and a dependable income stream. It offers an attractive return with secure income and future growth potential in one of regional New South Wales' most popular towns. This block of units is a standout addition to any serious investment portfolio.
Nearby educational facilities include Mudgee High School, Mudgee Public School, Cudgegong Valley Public School, and St Matthews Catholic School, providing options for families and tenants alike.
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.
Location
Mudgee NSW 2850
Market Insights for Mudgee NSW 2850
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