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Whakatāne

34 Valley Road, Whakatāne, Whakatāne

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3,046sqm Floor area

Strong Storage Income Earner


- Freehold going concern storage facility\n- Multi tenanted 74 unit Coloursteel complex\n- High occupancy with continuous cash flow\n- Realistic rentals with future growth potential\n- Impressive annual net surplus profit\n- Convenient location close to Whakatane CBD\n\nRent A Shed is a freehold going concern that offers an excellent opportunity to purchase a low risk business generating continuous cash flow and strong returns from the current 95 to 100% unit occupancy. The business requires minimal management and can be run on a part time basis generally by one person.\n\nThis purpose built storage complex comprises 74 units which are spread over seven buildings that includes 10 different unit sizes ranging from approximately 6m2 to 28m2 which provides numerous options for tenant requirements to rent. The complex includes an onsite toilet facility for tenant's convenience. The buildings are well presented having been maintained in a sound and tidy condition consistent with their age and construction.\n\nPositioned on a busy main arterial route within proximity to the CBD, this is one of Whakatane's best known storage facilities having provided a range of secure and competitive storage options to the eastern Bay of Plenty for over the past 25 years!

Auction

247 Cameron Road, Tauranga

26
Oct

Time1pm
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Brendon Bradley

Brendon Bradley


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Mathew Gibbard

Mathew Gibbard


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Complex


Multi tenanted 74 unit Coloursteel complex

Location


Convenient location close to Whakatane CBD

Occupancy


High occupancy with continuous cash flow

Opportunity


Freehold going concern storage facility

Profit


Impressive annual net surplus profit

Rentals


Realistic rentals with future growth potential