2/159 Argyle StreetPicton NSW 2571
Property Details for 2/159 Argyle St, Picton
2/159 Argyle St, Picton is a 0 bedroom, 0 bathroom Unit and was built in 1985. The property has a land size of 604m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (May 2023)
Burgess Rawson is pleased to offer to the market, 2/159 Argyle Street, Picton NSW 2571 for sale via our Investment Portfolio Auction 160.
This opportunity has the following key investment highlights:
+ New 5 year lease to NRMA branded agency to 2028 plus options to 2037
+ NRMA: iconic insurance provider servicing over 2.6 million Australians annually
+ Absolute prime CBD epicentre location, rapid growth area south-west of Sydney
+ Long established NRMA agency since 2007
+ Easily managed single tenant investment
+ Immaculate NRMA fit-out
+ Net Income: $50,825 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 9 May 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information
*Approx.
Property History for 2/159 Argyle St, Picton, NSW 2571
- 09 May 2023Sold for $801,000
- 12 Apr 2023Listed for Sale Price on Request
- 03 Sep 2010Sold for $600,000
Recent sales nearby
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0About Picton 2571
The size of Picton is approximately 42.6 square kilometres. There are 18 parks, covering nearly 2.5% of the total area. The population of Picton in 2016 was 4816 people. By 2021 the population was 5282 showing a population growth of 9.7% in the area during that time. The predominant age group in Picton is 50-59 years. Households in Picton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Picton work in a professional occupation.In 2021, 78.60% of the homes in Picton were owner-occupied compared with 77.90% in 2016.
Picton has 2,740 properties. Over the last 5 years, Houses in Picton have seen a 41.84% increase in median value, while Units have seen a 26.88% increase. As at 31 July 2026:
- The median value for Houses in Picton is $1,260,537 while the median value for Units is $595,625.
- Houses have a median rent of $675 while Units have a median rent of $410.
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