1 High Street, Picton
1 High Street: Picton’s Capstone Corner
Positioned at the prestigious 1 High Street address in the heart of Picton, this premium corner site presents an unparalleled investment opportunity.
Boasting a commanding presence along Picton’s vibrant main retail and tourism thoroughfare, the allure of the ground-floor freehold property is magnified by its breathtaking views of the picturesque Picton Harbour, offering a serene backdrop to an already outstanding location.
Strategically positioned to capture maximum foot and vehicle traffic, this site benefits immensely from its proximity to key local landmarks, including the Picton Ferry Terminal and the Picton Marina.
With a 446sqm (more or less) floor plate, the property is currently tenanted by three long-standing occupants, providing a stable and attractive income of $128,900 plus GST and Outgoings annually. This assures prospective investors of a reliable revenue stream from day one, underpinned by the strength and longevity of its tenancies.
With its high exposure and enviable location, this property is not just an investment but a cornerstone in Picton’s commercial landscape. It offers a rare blend of visual appeal, financial return, and strategic positioning, making it an irresistible proposition for discerning investors looking to capitalise on the vibrant local market and its tourism-driven economy.
Don’t miss the opportunity to own a piece of Picton’s premier real estate.
Key features
- Located on a high exposure corner site in a premium position along High Street, Picton’s main retail strip
- Fully tenanted investment generating $128,900 plus GST and Outgoings annually
- 75%NBS
For Sale
$1,995,000 plus GST (if any)
Floor area: 446sqm (more or less)
Land area: 531sqm (more or less)