Prime Commercial Property For Sale!
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115 Argyle Street, Picton NSW 2571

$1,120,000

RetailSize: n/a
Block size: 154 m² approx.Retail size: 143 m² approx.
Discover the perfect investment opportunity with this exceptional commercial property. Located in the heart of Picton, this property boasts two already secured leases, ensuring immediate returns and long-term stability from day one.

You will enjoy peace of mind knowing that your investment is generating income immediately.
• 115 Argyle Street - With a lease until 2029, this space boasts a generous 91.76m2 and includes a W/C and kitchenette facilities.
• 22 Menangle Street West - This space has a lease secured until 2027 and offers 31.70m2 of floor space, as well as a W/C and kitchenette.

Situated in a highly desirable area, this property benefits from high foot traffic and excellent visibility, ensuring maximum exposure for your tenants.

Currently generating a rental return of $68,352 PA, plus outgoings of $5,520.96 PA, the space offers strong and promising returns and is a lucrative investment opportunity. This property presents an unmissable opportunity to secure a valuable asset in a thriving location. Don't miss out on your chance to elevate your investment portfolio today!

Contact Kevin O'Mara for more details - 0414 771 303.

Disclaimer: Whilst every effort is taken to ensure the accuracy of this listing, we accept no responsibility for errors or omissions. We encourage you to seek your own independent legal and / or financial advice prior to making any commitment or decision.

Inspections

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Key details

Property type:
Retail
Block Size:
154 *

Other Details

Lot:
8
Plan Type:
DP
Plan:
821385
Retail Size:
143 *
Legal description:
8/821385
*These are approximate values based on available information.
Ray White Picton

Maps and area information

Block information
Block size: 154 (approx)
Legal description: 8/821385
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

What's nearby

Picton ShopsMajor Shopping Centre
0.1km

Property history

We couldn't find any history for this property.
See Picton's suburb profile

Picton suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
41 years
Population
5,282
Listing ID: 182600618. This listing has been viewed 1 time. It was first displayed on 14/06/2024 and last updated on 14/06/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.