OFF MARKET

280 Argyle Street
Picton NSW 2571

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 1390m2
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Property Details for 280 Argyle St, Picton

280 Argyle St, Picton is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 1390m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1985
Floor Size
98m2
Land Size
1390m2
Local Government
Wollondilly
Lot/Plan
20/2/DP2893

Last Listing description (October 2022)

Ray White Commercial (SC) is proud to present to market this premium DA approved childcare centre development site in Sydney's rapidly expanding south western suburbs. The property will be offered for sale via Auction on Tuesday 5 July 2022, unless sold prior.

This development opportunity has a DA approval for a 64 place childcare centre with on grade parking (no basement required). The site is located at the prime location between two primary schools - 270m* to Picton Public School and 930m* to St Anthony's Catholic Primary School, and has convenient access to Picton Station and Town Centre. Picton is forecast to be one of Greater Sydney's key residential growth regions. Population is expected to be approximately some 45,000 new residents over the 2021--2041 period, equating to around 2,200 new residents per annum^.

This property presents an excellent entry level opportunity for developers, builders and investors looking for a long term 'set and forget' asset.

Additional highlights of the asset include:

DA approved for a 64 place childcare centre
Land size 1,341sqm*
GFA of 410sqm*
On grade parking, no basement required
Large population growth expected in this area
270m* to Picton Public School and 930m* to St Anthony's Catholic Primary School
650m* to Picton Station

The property will be sold via Auction on Tuesday, 5 July 2022 at 10:30am (AEST). The Auction will be held at auctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney.

For further information, please contact the exclusive selling agents.

* Approximately
^ Source NSW Department of Planning, Industry and Environment (2019)

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Property History for 280 Argyle St, Picton, NSW 2571

A timeline of how this property has performed in the market
Last Sold
$1,510,000
30 Aug 2022
Listed for Rent
19 Dec 2019
  • 30 Aug 2022
    Sold for $1,510,000
  • 02 Jun 2022
    Listed for Sale AUCTION
  • 06 Apr 2021
    Listed for Sale Contact Agent
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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 2,641 properties. Over the last 5 years, Houses in Picton have seen a 62.78% increase in median value, while Units have seen a 21.14% increase. As at 30 November 2024:

  • The median value for Houses in Picton is $1,111,117 while the median value for Units is $557,065.
  • Houses have a median rent of $560 while Units have a median rent of $400.
There are currently 32 properties listed for sale, and 11 properties listed for rent in Picton on OnTheHouse. According to CoreLogic's data, 126 properties were sold in the past 12 months in Picton.

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