FOR SALE
$1,120,000

115 Argyle Street
Picton NSW 2571

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 143m2
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Prime Commercial Property For Sale!

Discover the perfect investment opportunity with this exceptional commercial property. Located in the heart of Picton, this property boasts two already secured leases, ensuring immediate returns and long-term stability from day one.
You will enjoy peace of mind knowing that your investment is generating income immediately.
• 115 Argyle Street - With a lease until 2029, this space boasts a generous 91.76m2 and includes a W/C and kitchenette facilities.
• 22 Menangle Street West - This space has a lease secured until 2027 and offers 31.70m2 of floor space, as well as a W/C and kitchenette.
Situated in a highly desirable area, this property benefits from high foot traffic and excellent visibility, ensuring maximum exposure for your tenants.
Currently generating a rental return of $68,352 PA, plus outgoings of $5,520.96 PA, the space offers strong and promising returns and is a lucrative investment opportunity. This property presents an unmissable opportunity to secure a valuable asset in a thriving location. Don't miss out on your chance to elevate your investment portfolio today!
Contact Kevin O'Mara for more details - 0414 771 303.
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 115 Argyle St, Picton

Building Type
Commercial
Floor Size
143m2

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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 2,632 properties. Over the last 5 years, Houses in Picton have seen a 77.01% increase in median value, while Units have seen a 19.51% increase. As at 31 October 2024:

  • The median value for Houses in Picton is $1,164,589 while the median value for Units is $550,670.
  • Houses have a median rent of $550 while Units have a median rent of $390.
There are currently 36 properties listed for sale, and 3 properties listed for rent in Picton on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Picton.

Suburb Insights for Picton 2571

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Kevin O'Mara
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Ray White Picton
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.