Flat For Sale - NSW - Murrurundi - 2338 - 69 - 77 Mayne Street Murrurundi (Image 2)

69 - 77 Mayne Street Murrurundi NSW 2338

For Sale $590,000

4 3 2

Property Type Flat
Land area approx 1119.20sqm
Region Hunter
Locality Upper Hunter
Carports 1
Garages 1
Toilets 4

Tags: Development Income

69 - 77 Mayne Street Murrurundi

Multi Tenant Investment with Main Road Exposure

Long term retail & residential tenancies
Main road exposure
Old world charm, character & history
Murrurundi is situated approximately 190km North West of Newcastle by road, and approximately 300km North of Sydney. Surrounded by mountains of the Liverpool Range and is located on the Pages River.

Rare & unique investment opportunity for sale in country New South Wales.

Located in the main street of Murrurundi in the Upper Hunter of NSW and directly opposite the Foodworks supermarket is this gorgeous old-world building offering a mix of long-term retail and residential tenancies along with a piece of vacant land, comprising an approximate total area of 1,119sqm. This is a rare investment offering with a future development upside.

The property consists of five retail shops on the ground floor, all of which are tenanted and two residential flats on the first floor, one of which is currently vacant. The current combined income from the various tenants equates to $43,688 per annum + GST where applicable.

Approximately 40km drive from Scone, surrounded by mountain ranges and sitting on the Pages River, this is a rare and ideal opportunity to secure an affordable investment in the Upper Hunter of NSW.