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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. Priced at $580,000, it delivers a solid yield with scope to enhance over time. Positioned on a north-facing 650sqm site, the 1980s built home spans 170sqm (approximately), and enjoys 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 fireplace with wetback warms 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 - ideal for flexible living. The bathroom includes a shower-over-bath and vanity, with a separate toilet nearby.

The double garage offers internal access via 2 entrances (automatic and manual), plus a workbench and laundry. Outdoors, the low-maintenance section includes a gated deck for pets and level street parking. Built with concrete foundations, fibre cement cladding, and a metal roof, this home is durable and well-located - close to SH1, ferry terminals, and Picton’s amenities.

A smart choice for investors seeking lifestyle appeal, steady returns, and future upside. Enquire today to secure this hands-off opportunity.

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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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