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26 Mine Road
Korumburra VIC 3950
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26 Mine Road Korumburra VIC 3950

  • Factory, Warehouse & Industrial
  • 888 m²
  • For Sale, $1,350,000 - $1,450,000

Location, land & return on investment.

    A rare opportunity presents here to purchase this modern storage unit complex. Located in a prime position with high visibility and in the heart of Korumburra providing access across South Gippsland.

    Property Features:

    • 58 storage units with a combination of two sizes, and with the ongoing demand for storage, this facility boasts a high occupancy of 95% to 100%.

    • A total land area of 2241 m2* made up of 5 individual titles. This is a unique property, providing income now and options into the future.

    • Equipped with electronic security, pin code gate entry, secondary truck access, a fully fenced boundary, low maintenance gardens, comprehensive lighting, fire service and a CCTV security system.

    • Est. 7 years ago by the current vendors

    Asset / Income Breakdown:

    22 units 3.6m x 3m ($145 p/mth) = $38,280
    36 units 6m x 3m ($190 p/mth) = $82,080
    58 units in total
    Projected income @ full occupancy $120,360 ($2314 p/wk) *

    Don't miss this exceptional investment opportunity to own a storage unit facility that continues to thrive providing a lucrative return on investment now and into the future.

    For further information and to arrange a personal inspection, please contact Irene Walker at SEJ Real Estate 0429 045 632

    For a Due Diligience Checklist go to: consumer.vic.gov.au/duediligiencechecklist
    (* denotes approximately)

    SEJ Real Estate
    SEJ Real Estate
    Sth Gippsland Hwy
    Leongatha, VIC 3953

    Property Highlights

    Floor Area888 m²
    Land Area2,241 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019827819
    Category
    Last updated  
    Map for 26 Mine Road Korumburra VIC 3950

    Nearest transport* to 26 Mine Road Korumburra VIC 3950

    Bus
    Train
    Tram
    Ferry
    IGA Supermarket/1 South Railway Cres (Korumburra)227 m
    Coal Creek Museum/South Gippsland Hwy (Korumburra)545 m
    King St/Commercial St (Korumburra)633 m
    King St/Commercial St (Korumburra)633 m
    This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
    *Within a 4km radius
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    Max wholesale speed tier available: nbn® Fibre to the Curb
    SEJ Real Estate
    SEJ Real Estate
    Sth Gippsland Hwy
    Leongatha, VIC 3953

    Property Highlights

    Floor Area888 m²
    Land Area2,241 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019827819
    Category
    Last updated  

    Listed by

    More about 26 Mine Road Korumburra VIC 3950

    26 Mine Road Korumburra VIC 3950 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 888 m² and a land area of 2,241 m². The listing ID for this property is 2019827819.

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