9 Redbank Place, Picton NSW 2571

Sale by Expression of Interest (unless sold prior), closing Thursday 27th June 2024 at 4:00pm.

E4-General Industrial Zoning
Land Area 1898m2 Floor Area - 250sqm

A rare opportunity to invest wisely in the ever growing Picton area. This property will create a lot of attention in the sought after Picton Industrial precinct.

The property has 60m road frontage. Boundaries are enclosed by metal picket and cyclone mesh fencing. Land falls gently from the rear to street frontage. Exposure from nearby bridge street which carries volumes of passing traffic.

Improvements on site include a 30-year-old low clearance metal clad building with ground floor area 250 square metres.

External features
- Walls - metal cladding, aluminium frame, windows and doors
- Roof Metal decking with polycarbonate infills
- 2 high clearance sliding doors and 3 pedestrian entrance doors
- Bitumen sealed and concrete car parking area 1400sqm
- Open wash bay area

Internal features
- Frame steel frame with steel purlins
- Roof- Safety mesh insulation sheeting
- Concrete slab flooring
- Walls- Metal cladding with internal plasterboard to provide for office, reception, lunchroom facilities

The property is located on the southern side of Redbank place 70 metres west of the intersection with Bridge Street in the Picton industrial area which is only 2 km south of Picton town centre.

This industrial premises held within a rare cul-de-sac location has plenty of client parking and room to move in comparison to many commercial properties.

Tenancy
- 3 year lease expiry February 2026
- $76309 plus GST per annum plus all outgoing
- Currently known as Picton Hire

The purchase of this property stands out as an ideal set and forget investment or alternately provide a great location to run your own business venture.

The historic township of Picton is on the fringe of the Southern Highlands, situated just an hour's drive from Sydney and 40 minutes from Wollongong's beautiful beaches It is renowned for its semi-rural lifestyle, historic buildings, and family-friendly atmosphere. With major cities now so accessible, Pictons popularity is exploding with smart buyers looking for a lifestyle change.

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.