Property of the Week MHE Tree Change Opportunity Mortgagee in Possession

A rare 22 ha property ideally suited for manufactured home estate is being sold with mortgagee in possession. It has an additional 4.9 ha site ideal for an aged care facility or motel.
It is DA approved for 206 homes.

It offers a unique central location on the left-hand side of the main road into Mudgee, and historic town with a core population of 10,000 people and centre for the fastest-growing wine and tourism region in New South Wales, with over 500,000 visitors a year.

Mudgee is serviced by air, rail and road and features a major hospital and medical centres.
Located 260 km and 3.5 hours drive west of Sydney with a ‘four seasons’ climate, historic buildings and sophisticated cafe and restaurant culture, it has become a key tree change destination for city dwellers seeking an affordable lifestyle.

The 23,000 people in the central west region also downsize to Mudgee.

Top resident concerns
At the LEADERS SUMMIT the new president of the NSW residents Association (RVRA), Tom Gait (pictured), mentioned to us that in the past three months (Dec/Jan/Feb) his association had approximately 50 approaches from village residents seeking assistance.
We asked him what were the predominant topics and we also approached Les Armstrong, Pres of the Queensland Association, ARQRV. Here are their lists.
NSW:
- budgets/recurrent charges
- maintenance/internal – external/facilities
- general information
- moving into a village/renting a facility

QLD (22 contacts in three months across the top four subjects)
- overcharging exit fees and excessive reinstatement fees
- slow response to maintenance requests
- poor presentation of the village (plants and landscaping)
- management interference in resident committees