FOR SALE
$1,600,000

169 Milvale Road
Young NSW 2594

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 590m2
Land area: 7312m2
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Prime Location with Potential Plus!

Phone enquiries - please quote property ID 34895.
Outstanding Corner Position on a main thoroughfare into Young. This property consists of 3 titles totalling just over 7,300sqm of industrial-zoned land.
Currently underdeveloped with 4 warehouses totalling only approx. 590sqm, plus an original weatherboard house. The property is currently split into 4 separate tenancies and offers an opportunity for both investors and owner occupiers.
Owner occupiers can move into the current vacant tenancy, or investors have the opportunity to increase the return on their investment.
Excellent potential for future development, while providing a good income and return on your investment from the onset.
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property Details for 169 Milvale Rd, Young

Building Type
Commercial
Floor Size
590m2
Land Size
7312m2

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About Young 2594

The size of Young is approximately 367.1 square kilometres. It has 44 parks covering nearly 1.9% of total area. The population of Young in 2011 was 10,038 people. By 2016 the population was 10,305 showing a population growth of 2.7% in the area during that time. The predominant age group in Young is 0-9 years. Households in Young are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Young work in a labourer occupation. In 2011, 67.2% of the homes in Young were owner-occupied compared with 65.3% in 2016.

Young has 6,068 properties. Over the last 5 years, Houses in Young have seen a 69.68% increase in median value, while Units have seen a 108.20% increase. As at 31 August 2024:

  • The median value for Houses in Young is $440,008 while the median value for Units is $410,901.
  • Houses have a median rent of $400 while Units have a median rent of $275.
There are currently 96 properties listed for sale, and 20 properties listed for rent in Young on OnTheHouse. According to CoreLogic's data, 255 properties were sold in the past 12 months in Young.

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