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Picton, 33-35 Devon Street

Strategic Investment with Options

Price by Negotiation over $2,500,000 Plus GST (if any)

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Listing Number: PX7784
About this listing
AAA Marlin Motel :Perfectly positioned with exposure to a main arterial route, this high profile property with 3 road frontages on 4 separate titles consists of a 19 unit motel complex (studio, 1 & 2 bedroom units, family units & a king apartment) situated on 3287sqm including spacious Managers Residence (4 bedrooms, 2 bathrooms), a separately titled 2 bedroom brick home on 1037sqm currently tenanted, a 1022sqm section, plus 13 storage/boatsheds on 1019sqm tenanted individually, a total of 6365 m2.This property occupies a strong position, situated on the fringe of the CBD only a short stroll from the retail heart and hub of Picton, and close proximity to SH1 and the ferries. The well-established AAA Marlin Motel enjoys strong repeat and new business and with a definite opportunity to add value, this property is a must see for the active investor/developer. The site itself would suit a range of uses and offers huge branding opportunity with its 3 road frontages.
Redevelop/Hold/Add Value/Own & Occupy. Astute investors will realise the potential and act now. Call me to discuss this opportunity.
Property Information
  • Land Size: 6365 sqm
  • Tenure: Freehold
  • Approx year built: 1967
  • Property Type: Block of units, Home & income
  • House style: Other (Managers House)
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, Curtains, Schedule A - Building Details, available on Request, Schedule B - Chattels List available on Request
  • Main bedroom: Double
  • Ensuite: Separate shower
  • Bedroom 2: Double
  • Bedroom 3: Single
  • Bedroom 4: Single
  • Main bathroom: Bath, Separate shower
  • Laundry: Separate
  • Outdoor living: Deck / patio
  • Locality: Close to transport, Close to shops, Close to schools

Contact Details

Harcourts Picton

Picton Property Centre Ltd

Licensed REAA 2008

36 High St
Office website

Property Location

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