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Whakatāne Surrounds

34 Valley Road, Whakatāne Surrounds, Whakatāne

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1,414sqm Floor area

Superb storage income earner!


• Freehold going concern storage facility
• Multi tenanted 74 unit standalone complex
• Realistic rentals with future growth potential
• Impressive recent annual net trading incomes circa $141,000 +GST

Rent A Shed is a freehold going concern that offers an excellent opportunity to purchase a low risk business generating secure cash flow and strong returns from consistent high occupancy levels. The business requires minimal management and can be run on a part time basis generally by one person.

This purpose built storage complex comprises 74 units which are spread over seven buildings that includes ten different sizes ranging from 6sqm to 28sqm which provide numerous rental options. The complex provides 24hr CCTV surveillance from 7 on-site cameras that are monitored by a local security company for tenant peace of mind.

Positioned on a busy main arterial route with close proximity to the CBD this is one of Whakatane's longest established storage facilities having provided a range of storage options to the Eastern Bay of Plenty for some 30 plus years.

This is an affordable storage shed asset not to be missed. Early registration of interest is highly recommended.

Auction
(unless sold prior)

247 Cameron Road, Tauranga

16
Apr

Time1pm
Calander
Calendar
Brendon Bradley

Brendon Bradley

Commercial Sales and Leasing

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

Larissa Reid

Commercial and Industrial Sales and Leasing

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

Features

Opportunity


Freehold going concern storage facility

Occupancy


Multi tenanted 74 unit standalone complex

Add value


Realistic leases with future growth potential

Passing income


Impressive recent annual trading net profits

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