High Yielding Investment – Store Yr Stuff
Nichols Crowder is pleased to bring to market, this exceptional high yielding storage facility.
With the population growing within Melbourne’s South East and houses becoming smaller, the demand for additional storage is at all-time highs.
“Store Yr Stuff” is located within 500m of the Eastlink on/off ramps and 1.5kms from the Mornington Peninsula Freeway providing unrivalled access.
Key features include:
* 36 storage units
* 6 parking spaces
* Current rental return of $100,440 p.a.* inc. GST
* Storage facility 100% leased
* Potential for a further 5x storage units with an additional potential return of $9,000 p.a. * inc. GST
* Front office 40sqm* which could provide an additional rental return of $12,000 p.a. * inc. GST
* Facility sitting on a prime Industrial 1 land holding of 1574sqm*
* Fully fenced with motorised gate & CCTV
* Storage Facility only 3 years old
* Very low turnover, average 4 to 5 units per year.
For further information or to arrange an inspection, please contact James Dodge or Josh Monks.
www.storestuff.com.au
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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