Outstanding investment opportunity

93-95 Lewis Street, Mudgee, 2850

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Contact for PriceFor Sale
  • Ownership Type Unitblock
  • Property Area 2,093 sqft
  • Bedrooms 15
  • Bathrooms 11
  • Furnished No
  • Last Updated 11th May, 2022

Amenities

Feature that provides comfort, convenience, or pleasure
  • Open Spaces: 10

Property Overview

An opportunity now presents itself to capitalise on Mudgee's high rental demand and low vacancy rates.<br/>Palm Court offers 11 income streams with nine units and two freestanding dwellings. It enjoys 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.<br/>- Currently leased at a combined $3,325 a week<br/>- Set on 2093m2 with ample open parking space<br/>- Potential to further develop, dual street frontage<br/>- Four large bed-sits, Four 1 bedroom units, One x 2 bedroom apartment<br/>- Each with combined bathroom/laundry, reverse cycle air conditioning<br/>- North facing decks with the majority enjoying outlook over a playing field<br/>- Modern brick home with three bedrooms, generous lounge/dining area <br/>- Double carport, lock up work shop and private yard to brick home<br/>- 'A frame' home with a spacious bedroom and study upstairs<br/>- Separate titles for the units and the two homes on another<br/>- This presents good potential to value add to your investment<br/>- Quiet South Mudgee location close to a shop, schools and medical<br/>- Mix of furnished and unfurnished properties

Location on Google Map

93-95 Lewis Street, Mudgee, 2850

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