An exceptional chance to invest in a well-established, prime commercial industrial property, located in the thriving industrial hub of Picton. Offering a stable, high-yielding investment with an experienced, long-term tenant, this property is a set-and-forget investment opportunity you don't want to miss.Key Features:- Land Over Two Titles: With street frontage on both, ensuring prime visibility and access.- Massive Workshops: Two expansive workshops across both titles, ideal for a range of industrial operations.- Offices & Showrooms: A well-appointed balance of office spaces and showrooms on one of the titles-perfect for business operations and client-facing functions.- Complete Bitumen Sealed Carpark: Ample parking with full bitumen sealing for ease of access and vehicle movement.- Stable Tenant: The current tenant has been in business for over 30 years, providing a secure and long-term income stream.- Return on Investment: $75,000 per annum plus GST and tenant-paid outgoings.- Guaranteed Growth: The lease includes a set 3.5% annual increase, ensuring consistent rental growth and protection against inflation.Investment Highlights:- Prime Location in a high-demand industrial precinct.- Set and Forget Investment with an established tenant, offering low risk and steady returns.- Highly Competitive Price at $1,400,000 + GST, providing excellent value for the quality and stability offered.This is a high-return, low-maintenance investment for any savvy investor seeking long-term capital Call Andrew Spokes today for further information.
The size of Picton is approximately 6.0 square kilometres. The population of Picton in 2016 was 81 people. By 2021 the population was 31 showing a population decline of 61.7% in the area during that time. The predominant age group in Picton is 60-69 years. Households in Picton are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Picton work in a labourer occupation.In 2021, 76.40% of the homes in Picton were owner-occupied compared with 53.90% in 2016.
Picton has 177 properties. Over the last 5 years, Houses in Picton have seen a 149.64% increase in median value. As at 31 July 2026:
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