FOR SALE
Reduced to $1,060,000

43 Nasmyth Street
Young NSW 2594

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 3ac
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The 'Verity Fruits' Factory Site - Unique Leaseback & Redevelopment Opportunity

An incredibly unique opportunity to acquire the 'Verity Fruits' factory & site, established circa. 1927 as a Co-op for prune growers.
Privately set in, off upper Nasmyth Street on approx. 2.84 acres (1.14ha), enjoying R1 General Residential zoning & fully serviced.
The sheer size and character of the main buildings cannot be understated, offering a massive approx. 1,150sqm's gross area.
Importantly, the building is of local 'heritage significance' and has the absolute potential to be a future, tourism destination.
Features: demountable office building, workshop & extensive warehouse/storage, predominantly new roofing & 3 phase power,
Truly captivating, demanding large scale investment, imagine STCA, the unique toursim hospitality or function centre possibilities.
Given it's residential zoning & prime location, it equally has the redevelopment potential for a small residential subdivision STCA.
Strictly being sold on a leaseback offer of 2 years to facilitate the relocation and expansion of the 'Verity Fruits' operation.
Inspections available by advanced appointment and your cooperation by NOT entering the property / site is appreciated.
Please Note: Whilst all care has been taken by Ray White Young to ensure accuracy in preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded.

Property Details for 43 Nasmyth St, Young

43 Nasmyth St, Young is a 1 bedroom, 1 bathroom House. The property has a land size of 3ac. The place is currently for sale with Ray White Young.

Building Type
House
Land Size
3ac

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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 6,064 properties. Over the last 5 years, Houses in Young have seen a 76.88% increase in median value, while Units have seen a 90.18% increase. As at 30 September 2024:

  • The median value for Houses in Young is $455,537 while the median value for Units is $373,945.
  • Houses have a median rent of $400 while Units have a median rent of $275.
There are currently 91 properties listed for sale, and 15 properties listed for rent in Young on OnTheHouse. According to CoreLogic's data, 250 properties were sold in the past 12 months in Young.

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