4623 Olympic HighwayYoung NSW 2594
Property Details for 4623 Olympic Hwy, Young
4623 Olympic Hwy, Young is a 4 bedroom, 2 bathroom House. The property has a land size of 4156m2. While the property is not currently for sale or for rent, it was last sold in December 2016.
Last Listing description (February 2017)
Recent 10 year lease to 2025 + option to 2030.
Established Metro Petroleum branded service station plus convenience store.
Metro Petroleum: approx 200 locations.
Strategically located on the Olympic Highway.
Generous 4,156 sqm site with significant improvements incl. basic dwelling, canopy and convenience store.
Guaranteed rental growth, fixed 3% annual rental increases.
Tenant pays usual outgoings incl. management fees, as per the lease.
Easily managed, single tenant investment.
Net Income: $102,884 pa + GST.
Property History for 4623 Olympic Hwy, Young, NSW 2594
- 09 Dec 2016Sold for $1,200,000
- 07 Nov 2016Listed for Sale $1,200,000
- 13 Aug 2015Sold for $880,000
Recent sales nearby
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0About Young 2594
The size of Young is approximately 367.1 square kilometres. There are 44 parks, covering nearly 1.9% of the total area. The population of Young in 2016 was 10295 people. By 2021 the population was 10610 showing a population growth of 3.1% in the area during that time. The predominant age group in Young is 10-19 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 trades occupation.In 2021, 66.20% of the homes in Young were owner-occupied compared with 65.30% in 2016.
Young has 6,193 properties. Over the last 5 years, Houses in Young have seen a 68.55% increase in median value, while Units have seen a 57.79% increase. As at 31 July 2026:
- The median value for Houses in Young is $511,267 while the median value for Units is $391,792.
- Houses have a median rent of $470 while Units have a median rent of $350.
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