3-11 Auckland Street, Picton, Marlborough

Partnership Terminating

$1,600,000 plus GST (if any)

- Four freehold commercial zoned properties
- Total land area of 3,768sqm and combined floor area of 1,146sqm
- Assessed rental income over $170,000pa
- Multi - tenanted include Subway, a tavern, a backpackers, and a rental car company
- Motivated vendors are preparing to dissolve their company partnership

This is an outstanding opportunity to purchase the last property before Inter-Islander ferry terminal, approximately 300 metres away. Plans are afoot to relocate ferry passenger vehicle parking closer to the Picton township, which should be of benefit to tenants businesses and adding to owner's long term security of rental income.

Potential for further development. To be sold together, as one.

For more information on this property, please contact Grant Baxter.