4 York Street, Picton, Marlborough

Multi tenanted investment opportunity

This Prime Industrial Investment in Picton's well-regarded industrial zone offers a rare opportunity. This is a fully tenanted property anchored by a long-term lease with right of renewal through to 2032, supported by a further nine smaller units all delivering consistent occupancy. This mix of tenants creates stable cash flow and strong diversification, setting it apart in Marlborough's leasing market.

Picton serves as a critical logistics link, supporting the region's export-focused primary industries and vibrant tourism sector. With Port Marlborough operating deep-water berths and handling significant export tonnages, demand for warehousing, transport services and marine support infrastructure remains robust.

The asset is strategically located, with excellent road frontage, easy access to SH 1 and SH 6, and proximity to port facilities, ideal for both visibility and logistics operations. Zoned Industrial 1 under the Marlborough District Council, it offers flexibility for future redevelopment or tailored use by logistics and transportation occupiers.

As an entry-level commercial investment, it offers good yield potential today, complemented by land banking and redevelopment opportunities for long-term owners. Overall, this multi-tenanted property in Picton aligns with the ongoing demand drivers that make industrial investments in the area especially compelling.

Enquire now to receive leasing details, financial projections, or arrange a confidential site visit.