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Methven

9-12 Line Road, Methven, Ashburton

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9, 11 and 12 Line Road, Methven


• Easily managed 71 unit complex
• Highly desirable Methven location
• Mixture of converted containers and sheds
• Mix of sizes to suit a wide range of storage options
• Annual net income averaging in excess of $90,000
• Potential to raise income and profit levels

Great Space Storage has grown over 14 years by our owners who manage it remotely. Situated on three freehold titles of 3,975sqm industrial zoned land. Two titles are side by side with the third separate and positioned opposite. The self storage facility has 71 units which are a mixture of sheds and containers allowing flexibility of use and future proofing. Occupancies have grown steadily with the complex consistently sitting above 95%.

This freehold going concern storage opportunity will provide astute buyers with a sizeable industrial landholding in Methven, substantial sheds, 33 containers and a healthy income for part time input.

Methven continues to grow in population and popularity with significant property and business investment into this tourist town which services a large and thriving rural community as well.

Asking Price NZ$1,495,000 + GST (if any)
Kate Mullins

Kate Mullins


Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Location


Industrial area easily accessed and handy

Multi-use


Storage in a range of sheds and containers - sizes to suit

Occupancy


High with two out of 71 units currently available

Opportunity


Potential to add income