Set in the heart of Mudgee CBD and right next door to Woolworths this very solid brick commercial building offers a rare opportunity to acquire a low maintenance investment property in one of Central NSW's most popular towns. Comprising approximately 420 square metres of land, zoned B3 Commercial Core, and a building currently utilised as a specialty fresh seafood, meat and smallgoods outlet plus takeaway shop; the property is being offered with an excellent long term tenant in place paying $88,000 per annum (Inc. GST) on a 5+5 year lease. All outgoings (excluding Land Tax) are paid by the Tenant, representing a net return on the asking price in excess of 6.9%.
For further information or to arrange an inspection, contact Andrew Blackman on 0413 488 844.