Positioned at the gateway to Picton’s bustling waterfront strip, this high-profile freehold property offers investors a rare chance to secure a true “cornerstone” asset in one of the region’s most sought-after retail precincts.
Set on a prominent corner at the end of Picton’s main street, the site enjoys unbeatable exposure to both pedestrian and vehicle traffic, all against the stunning backdrop of the picturesque Picton Harbour. Located on Picton’s main retail spine, just steps from the foreshore, the property sits in the heart of shopper and visitor flows, benefiting from strong and consistent footfall driven by tourism, ferry passengers, and locals alike.
This 446 sqm (approx.) freehold building is fully tenanted by three successful, long-standing businesses, delivering a combined annual rental income of $130,800 + GST & outgoings. With reliable tenants in place, this is a truly turnkey investment delivering immediate returns and minimal disruption. The tenancy mix is well balanced between hospitality and retail operators, creating diversification that helps minimise future vacancies and enhances income security.
Located within easy reach of the marina, ferry terminal and the daily commuter flow, the property captures attention from both locals and tourists alike - a true hotspot in a growing waterfront town.
Whether you’re expanding your commercial portfolio or seeking a standout standalone investment, opportunities like this are extremely limited.
To be sold by auction - immediate action is strongly advised to avoid missing this rare opportunity to secure a premier Picton investment. For detailed lease schedules, tenant profiles, and viewing arrangements, contact your exclusive agents today.