39 Short Street, Mudgee, New South Wales

Prime CBD Development Opportunity

Expression of Interest

Business Description

MOVABLE, as Exclusive Selling Agents, are proud to offer for sale 39 Short Street, Mudgee.

Mudgee is one of NSW's most popular inland tourism destinations, drawing visitors for its wine, food, natural beauty, and historic charm.

Consisting of over half an acre of flat land right in the heart of the CBD, this regular shaped lot presents a rare opportunity for commercial or mixed use development (subject to council approval).

Zoned E2 Commercial Centre – ideal for development into mixed-use accommodation or other commercial ventures.

Improvements - there are two existing homes including the character-filled Anglican church rectory and an additional 3 bedroom cottage. The dwellings provide immediate holding income or potential for adaptation into a future development. The cottage has DA approval for future demolition.

Prime location – centrally located with nearby amenity, easy access and uninterrupted views over manicured parklands, Cudgegong river and neighbouring churches.

Endless potential – would suit developers seeking a landmark project or savvy investors wanting a rare CBD land bank holding.

Development - with an allowable height limit 8.5 metres for new development and 3 vehicular access points to the site, this presents as a rare city-based development opportunity.

Known for its diverse and strong industries; from award winning wineries, tourism, agriculture and mining, Mudgee is a thriving town with a predicted 40% population growth within the next 2 years. It is only a 45-minute flight from Sydney and a 3.5-hour drive from Newcastle or Sydney and is one of NSW's premiere tourist destinations.

Seeking Expressions of Interest closing at 5pm on 29 October 2025.

Business Summary

Key Investment Insights

1. Over half an acre of flat, regular-shaped CBD land offering rare development scale within Mudgee;
2. Zoned E2 Commercial Centre, permitting commercial or mixed-use redevelopment subject to council approval;
3. Existing improvements include a character Anglican church rectory and a 3-bedroom cottage, providing immediate holding income or adaptive reuse potential;
4. Cottage has Development Application approval for demolition, easing site consolidation for new builds;
5. Allowable height limit of 8.5 metres for new development, suitable for low-rise mixed-use projects;
6. Three vehicular access points to the site, enhancing site circulation and service delivery for future development;
7. Prime central location with uninterrupted views over manicured parklands, the Cudgegong River and neighbouring churches, enhancing amenity and marketability;
8. Positioned in one of NSW’s premier inland tourism destinations, supported by wineries, food, natural attractions and historic charm, strengthening visitor-driven demand;
9. Market fundamentals point to strong growth, with a cited predicted 40% population increase in the next two years;
10. Good regional connectivity, approximately a 45-minute flight from Sydney and a 3.5-hour drive from Sydney or Newcastle, supporting tourism and investor access;
11. Suits developers seeking a landmark project or investors seeking a rare CBD land bank holding;
12. Sale being managed exclusively by MOVABLE with Expressions of Interest closing 5pm on 29 October 2025, establishing a clear transaction timeline.
Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Prime CBD Development Opportunity
Coleraine Hotel
Permanent Management Rights - 24 Years Remaining - Strong Net Profit | Resort Brokers ID : MR008913
Caretaking Only Management Rights and Low Cost Unit - Townsville | Resort Brokers ID : MRC008914
Mixed Letting - Surfers Paradise - ID 8299
Central Gold Coast Rent Roll!!
Noosa Management Rights Business Only Sale 23% ROI
Modern Superbly Positioned Motel
Whakatane Land & Buildings - Freehold Investment
Remarkable Opportunity In Noosa 32% ROI and 3.1 Multiplier
Prime Management Rights Opportunity – Port Macquarie
Southern Gold Coast Rent Roll!!
Northern Gold Coast  Rent Roll!!
Upmarket Caretaking Only Opportunity in Main Beach
ROOMS TO RENT, OFFICES TO LEASE, SNOWBUNNIES TO SKI - 9CF
33-ROOM MOTEL WITH RESTAURANT, BAR & 27-YEAR LEASE NEAR ROCKHAMPTON CBD | Resort Brokers ID : LH008903
OFF THE PLAN PERMANENT MANAGEMENT RIGHTS | CITRINE ROCHEDALE BY METRO
Rare Caretaking Only on the Sunny Coast