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Marlborough Median Price
Marlborough Median Rent
Picton rent price
Marlborough schools
A37 Devon Street, Picton
$369,000 listed in Nov 2016
Unit: 2 Bed rooms 1 Bath rooms 1 Car spaces
Land size: 1,037 sqm | Building size: 200 sqm [Measure]
Agent: Be Marlborough Ltd Bayleys, Marlborough

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Property Description:
This three unit investment block in Picton will give a return on your money to put a smile on your face. The three long term tenants are very happy living in their sunny two storey, two bedroom unit with two outdoor living areas, a courtyard on the lower level and a deck off the upstairs living room. They have a storage area off the shared laundry room and plenty of off street parking and a carport to reach the front door under cover.

Your investment could be enhanced with some asset improvement but the close to town location, on the flat ensures good tenant interest. The weekly income is currently $560 per week so you do the maths. There is a vacant section at the rear of the units also on the market for $109,000. Buy both and expand your return or build your own home. Call Faye and Quentin Doig for further information or to view this investment opportunity.
Nearby Schools:
NameTypeDecileDistance
Waitaria Bay SchoolPrimary10493 meters
Queen Charlotte CollegeSecondary42.4 km
Linkwater SchoolPrimary810.3 km
Tua Marina SchoolPrimary715.3 km
Canvastown SchoolPrimary519.8 km
>>More schools

The property data is from the public websites.

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