334 South Western HighwayPicton WA 6229
Property Details for 334 South Western Hwy, Picton
Last Listing description (April 2020)
Lots 3 and 10 and 12 - 334 South Western Highway Picton Western Australia$2,750,000 sold as a going concern.Investors - sound opportunity - 7% return on Investment.5 Year lease with further options of 3 Years + 3 Years.Fantastic opportunity to obtain a large parcel of land on three titles fronting the busy South Western Highway in Picton Western Australia. The property is tenanted to operators of a successful business involved in importing and retailing trailers throughout Australia. This property would be a great asset as it has a proven business tenant paying a good rent ensuring a good return on investment.Property detailso 3 Titleso Total property area 19,007m2o 1,586m2 under roof. o Infrastructure presents very well.o Large hardstand area. o Security fenced.o Two road entrances.o 5 Year lease + options of 3 years + 3 years.To obtain the information memorandum on this please phone Patrick Williams 0407 990 886 or email
Property History for 334 South Western Hwy, Picton, WA 6229
- 05 Apr 2019Listed for Sale $2,750,000
- 16 Jan 2015Listed for Sale $3,700,000
- 09 Oct 2014Listed for Sale $3,700,000
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About Picton 6229
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 173 properties. Over the last 5 years, Houses in Picton have seen a 70.61% increase in median value. As at 31 October 2024:
- The median value for Houses in Picton is $460,544 while the median value for Units is $582,862.
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