$1,685,000

13 Bed • 7 Bath • 7 Car • 1667m²

Main view of Homely block of units listing, 1-7/168 Gladstone Street, Mudgee NSW 2850

Floorplan of Homely block of units listing, 1-7/168 Gladstone Street, Mudgee NSW 2850

Second view of Homely block of units listing, 1-7/168 Gladstone Street, Mudgee NSW 2850

+15

Sold

Third view of Homely block of units listing, 1-7/168 Gladstone Street, Mudgee NSW 2850

Fourth view of Homely block of units listing, 1-7/168 Gladstone Street, Mudgee NSW 2850

+13

Sold

1-7/168 Gladstone Street, Mudgee NSW 2850

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$1,685,000

13Bed
7Bath
7 Car
1667m²

Block of Units Sold on Thu 13 Jun, 2024

What's around Gladstone Street

Block of Units description

“7 Tenancies in Growth Area”

An opportunity now presents itself to capitalise on Mudgee's high rental demand and low vacancy rates. Set on 1,667sqm, 168 Gladstone Street offers 7 separate income streams on one title. Boasting a minimal vacancy rate with an appealing price point in the market, making this an attractive addition to an investment portfolio or self managed super fund.

- Currently leased at a combined $2450.00 a week with 7% Gross return
- Six 2 bedroom units, one 1 bedroom unit
- Each with their own bathroom and laundry
- Each unit with their own private yard and car space
- Single title - opportunity to implement strata scheme
- Quiet Mudgee location close schools and medical
- High rental demand in region due to renewable energy infrastructure projects and approved mine sites