4K Rutland Street, Picton
Asking Price $295,000
Positioned directly across the road from Picton Marina, this fully renovated 33sqm studio apartment offers an exceptional low-maintenance opportunity in one of Marlborough's most sought-after waterfront locations. The open-plan layout incorporates a modern kitchen complete with an in-bench ceramic cooktop, rangehood, ample cabinetry, and space for both a refrigerator and microwave. The living and sleeping area is complemented by a built-in wardrobe, maximising functionality within the well-designed floor plan. The contemporary bathroom features a shower, vanity, heated towel rail, extractor fan, and a dedicated space for a washing machine. Large glass sliding doors open onto a small patio area, overlooking a common grassed area bordered by established screen hedging. Concrete walls between units offer excellent soundproofing and fire protection, enhancing comfort and peace of mind. Currently operating as a successful Airbnb, this versatile property could continue as a short-term accommodation business, serve as a long-term rental, or become the perfect lock-and-leave base for boating and fishing enthusiasts wanting immediate access to Picton's renowned marina facilities. With body corporate fees of $2,114.95 per annum covering insurance and external maintenance, ownership is truly hassle-free with no exterior upkeep required. Whether you're seeking a proven income-producing asset, a holiday escape, or a convenient marina-side bolt-hole, this affordable and fully renovated studio presents a rare opportunity in a prime Picton location.
