99A Mortimer StreetMudgee NSW 2850
Property Details for 99a Mortimer St, Mudgee
99a Mortimer St, Mudgee is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 1500m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (May 2026)
An incredible opportunity to secure an entire unit block of 6 apartments right in the heart of Mudgee's CBD. Fully tenanted, two story complex consists of 6 superbly renovated garden apartments, currently returning $2,455 per week, with an approximate return on investment currently at 4.5% per annum gross. - 6 x 2 bedroom apartments generous size, built-in robes & new carpet - Renovated bathroom with shower and vanity, plus own personal garden/yard - All units have been upgraded internally with lovely modern finishes - Spacious light filled formal lounge & dining with new flooring throughout - All kitchens have updated appliances, electric cooking consisting of Caesarstone or vinyl bench tops- Climate control is catered for with split A/C systems and ceiling fans- All units have an internal laundry plus additional toilet - Large level 1,500sqm block approx. Zoned R3 Medium Density Residential with main road exposure - Quality tenants occupying all 6 units for a 6-12 month leases period- Currently returning $2,455 per week, estimate return up to 4.5% per annum- Current Rental estimate of $450 per week for each unit (ROI Estimate 4.9%)This location is always popular with prospective tenants due to its location and ease of access to all required amenities. This well established complex is a solid investment with ample opportunity for growth, take advantage of this rare find and secure this property for a truly incredible investment.Auction to be held in our Auction Room 11am on Friday 23rd September 2022, at 58 Market St, Mudgee 2850To arrange your own private inspection contact David Goldring on 0426 251 981 or Ashley McGrath on 0406 635 699 at The Property Shop
Property History for 99a Mortimer St, Mudgee, NSW 2850
- 21 Nov 2023Listed for Rent $450 / week
- 23 Sep 2022Sold for $2,625,000
- 17 Aug 2022Listed for Sale SOLD - AUCTION
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0About 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 7,181 properties. Over the last 5 years, Houses in Mudgee have seen a 46.55% increase in median value, while Units have seen a 52.44% increase. As at 31 May 2026:
- The median value for Houses in Mudgee is $752,258 while the median value for Units is $511,227.
- Houses have a median rent of $630 while Units have a median rent of $470.
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