Opportunity here to acquire two industrial properties side by side (# 14 is for sale as well). Long standing local business established over 30 years as your possible tenant offering a 7% return. These strategically located premises offer the astute investor a multitude of opportunities moving forward. Total land size: 2051sqm Lettable area: 1121sqmContact Professionals DAD Realty for further details.
The size of Picton is approximately 6 square kilometres. The population of Picton in 2011 was 2,880 people. By 2016 the population was 56 showing a population decline of 98.1% in the area during that time. The predominant age group in Picton is 40-49 years. Households in Picton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Picton work in a trades occupation. In 2011, 70.3% of the homes in Picton were owner-occupied compared with 53.9% in 2016..
Picton has 175 properties. Over the last 5 years, Houses in Picton have seen a 70.61% increase in median value. As at 31 October 2024:
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