Strong Storage Income Earner

17, Gateway West, Whakatane, Whakatane

Auction

Proposed Usage
Industrial
Floor Area
1358.00 m²
Description:
Property ID
1c0vqp8

Asking price plus GST (if any).
- Freehold going concern storage facility
- Modern multi tenanted 106 unit complex
- Low maintenance tilt slab / Colorsteel Buildings
- High occupancy with continuous cash flow
- Realistic rentals with future growth potential
- Impressive annual net surplus profit
- Suit owner operator or investor

EastBay Secure Storage is a freehold going concern that offers an excellent opportunity to purchase a low risk business generating continuous cash flow and strong returns from the current high occupancy levels. The business requires minimal management and can be run on a part time basis generally by one person.

This purpose built storage complex comprises 106 units which are spread over three buildings that includes eight different unit sizes ranging from lockers to large single garage sizes which provide numerous rental options. The buildings are well presented and have been constructed of low maintenance materials. The complex also includes an onsite office and toilet facility.

Positioned in the popular gateway industrial precinct adjacent to SH30 at the western entrance to town, this is one of Whakatane's premium storage facilities that is sure to be sought after so early registration of interest is recommended.

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Whakatane Area