Commercial

Unlock an exceptional opportunity

3 Devon Street, Picton

Industrial Buildings
dollar

$950,000 Plus GST (if any)

Floor area
650m²
Land area
1156m²
Title type
Freehold

Map

Property description

Listing # BLC233452|Listed on 30 July

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.

Your notesYour notes
Property Brokers Ltd (Licensed: REAA 2008) - Blenheim

Ben Halliday

Property Brokers Ltd (Licensed: REAA 2008) - Blenheim
7 active listings

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