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Back 53 Broadway
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53 Broadway

Picton Marlborough

3
1
5
493 m²
House
Currently for sale - view listing

Overview

Affordable & Positioned for Progress - a Hot Buy!

A proven performer with exceptional potential this property offers the perfect opportunity for savvy investors or developers seeking property in the industrial zone in a prime Picton location. Currently a well-maintained rental returning excellent income, it's been home to reliable long-term tenants for approximately 18 years who have cared for it as their own & would be happy to remain, providing instant return from day one. Located just one block from Picton's village centre, this flat, easily accessed property features a solid three-bedroom dwelling with open-plan living, separate lounge and peaceful outlook across the Waitohi Stream. A sunny aspect ensures strong tenant appeal. The exterior has recently been repainted canary yellow & a bonus opportunity for a lease arrangement with Kiwi Rail provides use of a large adjoining section ideal for extra parking, storage or yard space. With limited commercial or industrial land available in Picton, this property's strategic position near the ferry terminal & township adds huge potential for future redevelopment or expanding business use. Investment, residential, or industrial the choice is yours to use your flair to reap the rewards. Opportunities in this location are rare, so act now, ring Carolyn to secure Number 53 before it's gone!

Features

3 bedrooms
1 bathroom
5 carspaces
4 open car spaces
1 garage space
493 m² lot size
House

Happy sellers in Picton

87%
87% of sellers in Picton reported that their sale price either exceeded or met their price expectations.

Picton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 24 reviews in Picton over the last 12 months.

Local market activity for 3 bedroom houses in Picton

In the last 12 months, 22 three-bedroom houses similar to 53 Broadway, have been sold.

This represents a 57% decrease in three-bedroom houses sales when compared to the previous 12 months.

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