30 Stephenson Road, Seaford

Sold

Thursday, 10th February 2022

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:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

Put your property with the Leaders of the South East

We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

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