230 Bruce Berquist Drive, Te Awamutu, Waipa

Seller sells down

•Freehold going concern- land, buildings and business
•236-unit storage facility currently operating at 70% capacity
•Ideally located within industrial precinct
•Owners selling down portfolio- option to acquire one, two or three holdings

Instructions are clear our vendors are selling down their Te Awamutu portfolio to move funds closer to home and family.
Having acquired the greenfield site back when this area was first being developed, enabled them to stage the storage shed development, which has recently been completed, maximising land use. Comprising 236 units in nine separate buildings, the self-sufficient and easy-to-operate business model has been streamlined and proven.
Returning $460,000pa +GST from the storage business, an additional $28,000 pa +GST from one commercial lease, and currently running at 70% capacity there is room left for a new owner to further maximise return. Being sold as a freehold going concern including land, buildings and business aspects, 230 Bruce Berquist Drive offers an easy investment with systems in place and the capacity to run as is or employ a manager.