Units 1-3/91 Waikawa Road, Picton

Units 1-3/91 Waikawa Road, Picton, Marlborough
Buy One or All – Picton Investment Opportunity

Outstanding Investment or Multi-Living Opportunity – Walk to Picton, Marina and Foreshore

Here’s your chance to secure a solid 1970s home that has been converted into three self-contained flats, all currently rented, in a sunny and easy location just a short stroll from Picton Marina and the vibrant CBD.

Whether you’re looking for a strong rental portfolio, multi-generational living, or affordable living, this one ticks the boxes. Units can be sold separately

Features include:

Flat 3 – Top floor, 3 bedrooms plus office/study, two balconies, open-plan living

Rented at $520 per week

Priced at $440,000

Flat 2 – Ground floor, 2 bedrooms, well laid out with good tenant

Rented at $300 per week

Priced at $270,000

Flat 1 – Ground floor, 2 bedrooms, well maintained with good tenant

Rented at $425 per week

Priced at $330,000

•All flats include off-street parking, separate power.

•Walkable location close to cafes, waterfront, ferry terminal, and local walks.

Currently returning a combined $1,245 per week, this is an opportunity rarely available in such a prime location. With unit titling underway, you have flexibility for future resale, refinancing, or portfolio growth.

Contact Grant now for full information or to arrange a private viewing. Viewing by appointment only.