*152 self storage units on 2,271m2** of land with excellent main road position
*Selling the freehold and the business, with loads of potential to increase yearly income
*1,335m2** of net lettable area over 2 levels, with room to expand (STCA)
*Currently operating at 85%** occupancy, returns a net income of $217,000** per year
*Net income of $237,000** pa at 85% occupancy with new rent increases as of 1/10/2011
*Fully run under management with live on site manager
*Manager’s residence – 3 bedroom, 2 bathrooms unit and a ground floor office
*CCTV security and coded access after hours
*Fantastic internet presence on Google. Very low advertising costs
*Reinforced concrete block and steel construction
*Self storage has proven to be bullet proof during this economic adjustment and you can spread the risk over 152 tenants
Approximately **

Just a few good reasons why should you buy a Self Storage facility?
*Self storage has proven to be bullet proof during this economic adjustment.
*This opportunity falls exactly into the category of a safe, secure, sleep at night commercial property investment.
*Why not have a commercial property with one managed tenant I here you ask. Well if that one tenant goes broke during vulnerable times, so do you if you have borrowed money against your property.
*With self storage such as this opportunity, you spread the risk over 152 tenants with a natural flow of ins and outs.

Selling at Auction 3rd November 2011.
5pm Palazzo Versace, Sea World Dr. Main Beach

Please contact exclusive the listing agents for more details by clicking on the link above

(YS20453)
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.