23 Sydney Road, Mudgee, NSW 2850 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
Auction Guide $2,400,000

23 Sydney Road
Mudgee NSW 2850

Bedrooms: 12
Bathrooms: 6
Car spaces: 7
Land area: 5021m2
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Fri 2 Oct 10:00 am
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Prime Mudgee Industrial Landholding with 6 Income Producing Units

Unlock a rare 5,021sqm development footprint in Mudgee's premier industrial precinct. Located at 23 Sydney Road, this substantial landholding represents the ultimate combination of immediate cash flow and future upside. Strategically positioned for maximum visibility and effortless heavy vehicle access, this property sits in a tightly held pocket handy to major transport routes, national retailers, and local commercial hubs. It is a prime asset for astute developers, land-bankers, and portfolio investors looking to secure a dominant industrial base with immense room to grow.
The property comprises an entire block of six established two-bedroom apartments to be sold in a single transaction, providing an instant and reliable multi-stream rental income base from day one. This unique setup offers exceptional flexibility, allowing investors to collect reliable rent, renovate to rapidly enhance yields, or land-bank while planning a full future industrial transformation or redevelopment (STCA).
Opportunities of this scale rarely change hands in Mudgee's most sought after industrial zone. Whether you want to capitalise on the region's strong commercial growth or secure a high-yielding addition to your portfolio, this versatile holding delivers the perfect blend of functionality, accessibility, and long-term capital appreciation.
- 5,021sqm of level land situated in Mudgee's most established and tightly held industrial pocket.
- Single transaction to acquire all 6 x residential units, streamlining management and ownership.
- Each unit features a practical 2-bedroom, 1-bathroom configuration, appealing to a wide tenant demographic.
- Enormous scope for future industrial transformation, expansion, or complete site redevelopment (STCA).
- High-visibility position on Sydney Road offering effortless heavy vehicle access and close proximity to major local enterprises.
- Secure an instant multi-stream income stream currently returning approx. $103,764 per annum.

Property Details for 23 Sydney Rd, Mudgee

23 Sydney Rd, Mudgee is a 12 bedroom, 6 bathroom BlockOfUnits with 7 parking spaces. The property has a land size of 5021m2. The place is currently for sale with MCGRATH CENTRAL TABLELANDS.

Building Type
BlockOfUnits
Land Size
5021m2
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About Mudgee 2850

The size of Mudgee is approximately 29.7 square kilometres. There are 28 parks, covering nearly 29.6% of the total area. The population of Mudgee in 2016 was 10923 people. By 2021 the population was 11457 showing a population growth of 4.9% in the area during that time. The predominant age group in Mudgee is 0-9 years. Households in Mudgee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mudgee work in a trades occupation.In 2021, 61.70% of the homes in Mudgee were owner-occupied compared with 59.70% in 2016.

Mudgee has 7,183 properties. Over the last 5 years, Houses in Mudgee have seen a 34.57% increase in median value, while Units have seen a 44.05% increase. As at 31 July 2026:

  • The median value for Houses in Mudgee is $754,641 while the median value for Units is $513,216.
  • Houses have a median rent of $630 while Units have a median rent of $500.
There are currently 116 properties listed for sale, and 37 properties listed for rent in Mudgee on OnTheHouse. According to Cotality's data, 393 properties were sold in the past 12 months in Mudgee.

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Adam Woods
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Jessica Martens
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MCGRATH CENTRAL TABLELANDS
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