3 Devon Street, Picton, Marlborough

$950,000 + GST (if any)

1,156m2

Land Area
+1

Unlock an exceptional opportunity

Versatile industrial property on 1,156 m2 with approx. 500 m2 of buildings. Currently with the potential to produce approx. $94,000 gross per year. · Units 1 & 2 currently leased to an electrical business · Units 3 - 7 available with flexible options: current owner (heavy diesel servicing & light engineering) will lease back, or vacate for a new owner-occupier · Empty 3-bedroom apartment easily rents at $300/week. Perfect for: • Investors seeking a passive income • Businesses involved in the Picton Ferry Terminal upgrade needing a ready to go base with on-site living • Someone wanting to buy an established heavy diesel/light engineering business and the premises in one package Excellent location with great transport access. Multiple options – income, owner-occupy or both.

3 Devon Street, Picton, Marlborough

Web ID

BLC233452

Land area

1,156m2

$950,000 + GST (if any)
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Ben Halliday

Ben Halliday

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BLC233452

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