Raine & Horne Commercial Canberra are pleased to present 169 Milvale Road Young by way of Sale
Positioned on an expansive 7,300sqm* industrial zoned block, this unique property offers immediate holding income with excellent redevelopment potential (STCA), all within the thriving regional hub of Young. Known as the 'Cherry Capital of Australia,' Young is a growing community with a strong agricultural base supported by local industry and manufacturing. Its strategic position in the South West Slopes makes it an important service centre for the surrounding region, ensuring solid demand for industrial sites like this. Well-connected to major transport routes and offering prominent exposure within an established industrial precinct, this site is ideally placed for businesses servicing both the local district and greater regional markets.
The site comprises four small sheds and an old weatherboard house, currently split into four tenancies, providing flexibility for both investors and owner-occupiers looking to add value.
Tenancy Breakdown:
• Tenancy 1 - Sheds 1 & 2
314sqm* of indoor workshop & a 200sqm* fenced yard.
• Leased until 31 August 2026
• Current Rent - $28,410 p.a. (ex GST)
• Outgoings are included
• 3% annual increases.
• Tenancy 2 - Shed 3
140sqm* indoor area with a 900sqm* rear yard & a small front yard facing the main road.
• Warehouse is currently vacant
• Rear yard leased to the current tenant of sheds 1 & 2
• Tenancy 3 - Shed 4
135sqm* shed with approx. 3,500sqm* yard/display area on a prominent corner block.
• Leased until 31 October 2026
• Current Rent - $50,923 p.a. (ex GST)
• Outgoings are paid by tenant (Net lease)
• 3% annual increases
• Tenancy 4 - House
Weatherboard home with garage & fenced yard.
• Leased on a 12-month term
• Current Rent - $5,200 p.a. (ex GST)
• Outgoings are included
Approximate Outgoings:
• General Rates: $4,182 p.a.
• Building Insurance: $2,127 p.a.
• Water Rates & Usage: $700 p.a.
With all leases expiring within the next 15 months, the property provides secure holding income while giving an incoming purchaser time to plan future development or repositioning (STCA).
Opportunities of this scale and flexibility are increasingly rare - inspect now and capitalise on the significant upside.
*Approx.
For more information or to arrange an inspection, please contact the listing agent Cody Edwards on 0406 747 049
