5 Bollard PlacePicton NSW 2571
Property Details for 5 Bollard Pl, Picton
Last Listing description (December 2023)
Ray White Commercial (SC), under instructions from BDO as Receivers and Managers, is proud to present 5 Bollard Place, Picton for sale via Expressions of Interest.
This substantial industrial asset is located in one of South West Sydney's burgeoning and tightly held industrial precincts. This asset features an ample gross floor area of 2,119sqm* on a total land size of 4,495sqm* and includes offices, a showroom and associated amenities.
The freestanding warehouse is strategically placed on the corner of Bollard Place and Bridge Street in Picton's industrial precinct, providing ample main road exposure and convenient multi vehicle access points. Industrial property continues to be one of Sydney's best performing commercial asset classes with limited supply keeping vacancies low and returns strong making this opportunity a strong prospect for the next incumbent.
Additional highlights of the asset include:
• Land: 4,495sqm*
• Building: 2,119sqm*
• Corner position with multiple access points
• Offered with vacant possession or subject to existing tenancies
• Currently fully leased on a month to month basis providing an incoming purchaser with a substantial holding income ($475,200 per annum*) with flexibility for the future
• Zoned E4: General Industrial
• Abundant storage
• Vehicle access points from Bridge Street and Bollard Place
• 2.9km* from Picton Town Centre
For further information, please contact the exclusive selling agents below.
* Approximately
Property History for 5 Bollard Pl, Picton, NSW 2571
- 21 Dec 2023Sold for $4,500,000
- 13 Nov 2023Listed for Sale EXPRESSIONS OF INTEREST
- 27 Oct 2022Sold for $5,600,000
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0About 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 2,647 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.
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