8 Parkside Drive Condon QLD 4815

This low-maintenance storage unit complex is available for immediate purchase and is strategically located in close proximity to Lavarack Army base, James Cook University, Willows Shopping Centre and an enormous residential catchment area including Condon, Kirwan, Rasmussen, Kelso and Douglas.

Key Features:

- 48 individual storage units ranging from 8.5 - 24m2*
- Gross Lettable Area of 738m2*
- 15 free-standing container storage units
- 670m2* of balance secure hardstand for outdoor vehicle storage
- Total site area of 2,589m2* zoned "Major Centre"
- Main complex constructed in 1997
- Well-secured with perimeter fencing and new surveillance / security system in place
- Consistent occupancy record with frequent new enquiries via the managing agent
- Property Manager already in place to handle enquiries, new tenants and vacates
- Current holding income of $125,000* (net) pa at 57% occupancy
- Capable of producing income up to $240,000 (net) plus GST pa

*Approximately