3 Devon Street, Picton, Marlborough

Versatile industrial property on 1,156 m2 with approx. 500 m2 of buildings. Currently with the potential to produce approx. $94,000 gross per year.· Units 1 & 2 currently leased to an electrical business· Units 3 - 7 available with flexible options: current owner (heavy diesel servicing & light engineering) will lease back, or vacate for a new owner-occupier· Empty 3-bedroom apartment easily rents at $300/week.Perfect for: Investors seeking a passive incomeBusinesses involved in the Picton Ferry Terminal upgrade needing a ready to go base with on-site livingSomeone wanting to buy an established heavy diesel/light engineering business and the premises in one package Excellent location with great transport access. Multiple options – income, owner-occupy or both.