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45 Durham Street, Picton, Marlborough

Tenanted Investment With Stunning Picton Views

dollar

$580,000

House
House
Bedroom
3
Bathroom
1
Floor area
170m2
Land area
650m2
Title type
Freehold
Garage
2
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Property details

Listing # PR43070 | Listed on 18 September

Currently tenanted and returning $565 per week, this sun-filled Picton property offers instant income and long-term potential. Earn a 5% (approximate) gross yield today and add value over time. The 1980s built home spans 170sqm (approximately) while its north-facing 650sqm site gives sweeping views of Picton and the sounds.

The open-plan kitchen, living, and dining area is tenant-friendly, featuring an electric cooktop, rangehood, mini hot water cylinder and ample storage. A wood burner with wetback plus heat pump to warm winter nights, while the deck invites summer relaxation. There are 3 double bedrooms, including a spacious master with built-in wardrobe and private deck access. One bedroom offers external rear entry too. The bathroom has a shower-over-bath and vanity, with a separate toilet nearby.

The double garage includes a workbench plus laundry. A low-maintenance section includes a gated deck and level street parking also. Featuring a concrete foundation, fibre cement cladding, and a metal roof, this ‘Healthy homes compliant’ property is well located near SH1, ferry terminals, and Picton's C.B.D.

A smart buy for investors seeking returns and future growth. Secure this hands-off opportunity today!

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Additional features

Other park
3 other parks
Roofing: Metal
Exterior Cladding: Concrete Block, Cement Weatherboard
Exterior Joinery: Single-glazed aluminium

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