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1 Picton Avenue
Picton NSW 2571

Bedrooms: -
Bathrooms: -
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Land area: 1217m2
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Approved Business Development on 1271m2

An exciting opportunity to purchase a DA approved site in the centre of Picton.
Its rare to see these types of properties hit the market with great main road exposure in the centre of Picton & walking distance to all facilities.
Developments of this nature normally have a high demand & small supply for the built product be it for lease or sale. This is one of the most exciting developments offering seen in recent time.
The building plans are for 5 commercial premises and 5 shop top housing. The development application expires on the 25th October 2025
The contract and plans are available upon request.
Ideal for the investor or builder.
The historic township of Picton is on the fringe of the Southern Highlands, situated just an hour's drive from Sydney and 40 minutes from Wollongong's beautiful beaches It is renowned for its semi-rural lifestyle, historic buildings, and family-friendly atmosphere. With major cities now so accessible, Pictons popularity is exploding with smart buyers looking for a lifestyle change.
Disclaimer: Whilst every effort is taken to ensure the accuracy of this listing, we accept no responsibility for errors or omissions. We encourage you to seek your own independent legal and / or financial advice prior to making any commitment or decision.

Property Details for 1 Picton Ave, Picton

Building Type
Commercial
Land Size
1217m2

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About Picton 2571

The size of Picton is approximately 42.6 square kilometres. It has 18 parks covering nearly 2.5% of total area. The population of Picton in 2011 was 4,594 people. By 2016 the population was 4,804 showing a population growth of 4.6% in the area during that time. The predominant age group in Picton is 40-49 years. Households in Picton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Picton work in a professional occupation. In 2011, 76.7% of the homes in Picton were owner-occupied compared with 77.9% in 2016.

Picton has 2,645 properties. Over the last 5 years, Houses in Picton have seen a 68.09% increase in median value, while Units have seen a 33.75% increase. As at 31 July 2024:

  • The median value for Houses in Picton is $1,074,104 while the median value for Units is $587,313.
  • Houses have a median rent of $550 while Units have a median rent of $370.
There are currently 28 properties listed for sale, and 5 properties listed for rent in Picton on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Picton.

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Gerard Smith
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Gerard Smith First National Real Estate
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