To enquire, please email or call 1300 815 051 and enter code 7121
$78,100 p.a. gross income from three separately-tenanted dwellings on a tightly held 839m² block, priced at $1,095,000. This is a family home that pays for itself, or a multi-income asset that happens to be a beautiful place to live.
The income:
Rear cottage, 2 bed, fully self-contained, private entry: leased at $575/week ($29,900 p.a.), long-term tenant in place
Main house, 3 bed: appraised at $600/week ($31,200 p.a.)
Upstairs loft, 1 bed, separate-entry Airbnb: $230/night in Mudgee's booming short-stay market ($17,000 p.a. figures on request)
Total potential: $78,100 p.a. at 7.1% gross yield. Council rates just $2,700 p.a.
The home
Renovated open-plan kitchen with dishwasher and generous storage, flowing to outdoor entertaining. Open fireplace, quality tiles, timber floors, split-system heating and cooling throughout. NBN connected.
Step out to a private backyard under mature shade trees, quietly the best room in the house. Fully fenced, water tank, garden shed, deck, solar panels. Remote garage plus two carports and secure off-street parking.
Walk to cafés, the Saturday markets, Woolworths, Coles and Aldi. Cellar doors and vineyards minutes away.
The numbers:
Price $1,095,000 | Land 839m² | 5 beds | 4 baths | 3 living zones | 7.1% gross yield
Who this is for: Investors chasing proven multi-stream yield. Large families needing space and flexibility. Tree-changers ready for Mudgee to pay for itself.
Rare in this market and rarer at this yield.
Contact Matt to inspect
To enquire, please email or call 1300 815 051 and enter code 7121