A great opportunity for investors in this growing area of the North Coast, to invest in a safe, and always-in-demand article, which is showing good returns, with very little maintenance cost.
Situated on 660m2 and zoned industrial, the 15 units (6m x 3m) have excellent all-weather road way access from the front. Building constructed of concrete block with an iron roof. Each unit has a double lockable Rolladoor entry for easy storage.
Income and expenditure figures for the 2016/17 year are available to interested buyers. Estimated occupancy rate of around 80%. Rates are $2,053.00 per annum.
Due to the creation of the new highway, this area has seen a great improvement in property prices and investors looking to move here, and looks like continuing for some time. As a result, demand for storage units can only increase.
For inspection and further information, please contact this office on (02) 66 462 400, and speak to Grant or Michelle, or ring Ian Dunbar on 0414 949 531.