276 Argyle Street
Picton, NSW 2571

Located in the central area of Picton, this remarkable property offers a compelling prospect for investors, developers, or those looking to diversify their portfolio. The property is situated on a generous 1,492 square meter block and features three self-contained one-bedroom units. Each unit is designed with a practical and open layout that integrates the living and kitchen spaces seamlessly, creating a comfortable and functional environment.

The bedrooms in each unit are spacious, providing tenants with comfortable and easy-to-maintain living quarters. Currently, all three units are tenanted, ensuring immediate rental income for the owner. This setup also presents opportunities for further development or enhancement of the site.

Potential buyers may consider renovating or expanding the existing dwellings or exploring subdivision possibilities, subject to council approval. This flexibility adds significant value and potential to the property.

The property is conveniently located just a short distance from Picton's lively town center, offering residents easy access to local shops, cafes, public transportation, and essential services. This prime location continues to attract strong demand from both renters and buyers.

With its combination of income generation, development potential, and desirable location, this property represents an excellent investment opportunity ready to be maximized.

Rental details for the units are as follows:
Unit 1 at 276 Argyle Street rents for $260 per week.
Unit 2 at 276 Argyle Street rents for $220 per week.
Unit 3 at 276 Argyle Street rents for $250 per week.

Disclaimer: Every effort has been made to ensure the accuracy of this information; however, prospective buyers should conduct their own due diligence and seek independent legal and financial advice before making any decisions.