Ray White Commercial (SC), in conjunction with Ray White Mudgee, is pleased to present 'The Laneway' - a collection of seven (7) exceptionally designed 2-bedroom townhouses located at 1A Sydney Road, Mudgee - offered for sale via Auction.
Situated within the continually expanding tourism hub of Mudgee, this property offers a unique investment opportunity. Currently operating as a boutique short-term accommodation asset, the property has historically generated an impressive income from accommodation stays from FY22 to FY24 and is poised to deliver again this financial year. A strategic strata subdivision allows for the potential sale of individual townhouses, providing flexibility for an incoming purchaser.
Benefiting from Mudgee's booming tourism industry and the region's ongoing infrastructure and residential development, the property benefits from consistently low vacancy rates . The town's popularity among leisure and business travellers, combined with a shortage of accommodation, underpins strong demand for this asset.
Key highlights of the asset include:
• 7 x 2-bedroom townhouses
• 2,754 sqm* total land area
• Strata Titled
• Opportunity for multiple secure income streams
• Townhouse areas ranging from 209 sqm* to 214 sqm*
• High tourism demand: over 691,000 visitors annually
• $2 billion+ invested in Mid-Western Region infrastructure and major developments since 2018
• Growing housing demand: 1,515 additional dwellings needed by 2026***
• Surrounded by more than 60 wineries and 35 cellar doors
• 6.7km* from the Mudgee Airport (45min* flight from Sydney)
• 3.5 hour drive from Sydney*
• 4km* from Mudgee Hospital
• 2.4km* from Mudgee Golf Course
'The Laneway', 1-7/1A Sydney Road, Mudgee is offered for sale via Auction on Tuesday, 1 April 2025 at 10:30am. The Auction will be held at AuctionWORKS, 50 Margaret Street, Sydney NSW 2000.
For further information, please contact the exclusive selling agents below.
*Approximately
**Average from FY22 to FY24
***Mid Western Regional Council - Managing the Impacts of State Significant Development - January 2024 Report - (PWC)
