For Sale

8 Otago St, Picton, Marlborough

Price By Negotiation

3
2
1
100 m²
782 m²

House

30+ days on the market

What's around 8 Otago St

RENT me out, DO me up, or DEVELOPme now?

If properties in the heart of Picton are a rare find, then properties that back onto each other, with the possibility to seek development with 34 Broadway are virtually non-existent. But our feature listing represents just such an opportunity. A renovated and well-maintained home features 3 bedrooms, a modern kitchen, and a good-sized bathroom, plus separate toilet and another shower in the laundry. Previously used as an Air BnB and designed with families in mind, the open-plan living area offers plenty of versatility, while a heatpump and a HRV system guarantee year-round comfort. Other highlights include neutral decor, a separate laundry, all in a sunny location. The large flat section backs onto 34 Broadway which is also for sale, total land area of both properties adds up to 1953m2. Such a sizeable land area presents a very real possibility for subdivision and development. Of course, you may want to keep it all for yourself, creating a nice sunny haven in town. It's the central location that will be of great appeal for many. A stone's throw from the Foreshore and Marina, a short stroll from shops, cafes, parks and the ferries, it's the type of scenario astute investors spend their lives searching for. Without question it's the scope and potential which is most attractive - first home buyers will see the appeal in establishing themselves in a sought-after location, landlords will recognise the consistent popularity of the location, and developers will find the large section and the solid home an enticing proposition. Whatever your plans may be, urgent action is required - contact Grant now for further information. See link below for 34 Broadway - Picton https://www.tallpoppy.co.nz/homes-for-sale/property-detail?tppID=TPPI2946

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