An extremely rare and lucrative opportunity is now available, to purchase this incredible substantial freehold commercial self-storage facility located in the heart of Murwillumbah's commercial/industrial hub.
Boasting a massive 3,328m2* of lettable area on a whopping 9,978m2* of commercial freehold land area, currently returning over 6+% net yield annually, with huge upside to grow to 11+% net yield per annum at full storage capacity, this may likely be, one of the best commercial buys of the year to add to your portfolio!
- 3,328m2* of lettable storage area
- 9,978m2* of prime commercial/light industrial land area; one freehold title; no body corporate levies
- 270x masonry constructed storage sheds with drive through access, including 7x sheds with electrical power access
- 5x lock up portable container sheds
- 10x undercover caravan parking bays/ tandem car-parking bays
- 5x open bus-parking/car-parking bays
- Additional vacant land area on title to expand for an additional 10x lettable caravan/tandem undercover parking bays + 3x extra lettable open car parking bays for the potential to further increase future income
- Buildings consists of 270x various sized solid concrete storage sheds across 11x separate blocks (Blocks A-K), 5x container storages, 10x covered parking bays, 5x open parking bays.
- Current system has been upgraded to accommodate for 24hr remote management if desired and 24Hr coded access for all storage leases; full surveillance electronic gated property with facial recognition
- Air-conditioned managers office, bathroom with shower, kitchenette & storage room
- Consistent strong demand and enquiries for storage leases
- Current storage rental rates range from $145 - $400 per month
- Current yield: 6%+ per annum net yield
- Expected near future net yield: 11%+ per annum net yield at full storage occupancy
- All operated with only 1 staff member, an onsite part-time manager
- Murwillumbah - Wollumbin Rd - 2.6kms
- M1 Motorway - Ampol Foodary Chinderah - 16kms
- Tweed Heads - Tweed Mall - 26kms
- Gold Coast Airport - 31kms
Self-storage facilities are some of the most in demand and tightly held commercial assets in Australia to buy and own.
This entire freehold commercial property and business operation is now available for you to purchase and own as an ongoing concern.
Genuine Seller! Must and will be sold! Enquire today!
Inspections by appointment.
Information Memorandum (IM) available shortly upon request.
Denotes: *approx
