Mudgee's the Cudgegong Valley Motel sold via an off-market campaign by MQ agents Ray Larkin and Jeremy Cusack.
Ray Larkin and Jeremy Cusack have conducted an off-market campaign for the Cudgegong Valley Motel in this highly sought after location.
The Sydney based Solent Group, a private family company, have purchased the property. This is their first venture into the motel industry.
The motel comprises 16 units, large three-bedroom residence, pool and commercial laundry. Set upon a 7,146 m2 parcel of land, the new owners intend to upgrade the existing units and further develop the site in the future.
Ray Larkin confirmed Mudgee has been a highly sought after and strong trading location for many years.
Over the last 6 months MQ have completed four sales in the town totalling $30million.
Cudgegong Valley Motel Mudgee sold by MQ
Horatio Motel Mudgee sold by MQ
Perry Street Apartments sold by MQ
Pepper Tree Hill Farm sold by MQ
MQ look forward to seeing the future development of the Cudgegong Valley Motel in the coming years.
For further information, please contact Ray Larkin.