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SELF STORAGE TOOWOOMBA
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Listed Price:2200000
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Address: TOOWOOMBA ID3142265
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This facility is a good example of this industry operating at near capacity occupancy and requires minimal management on a day to day basis.
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Self storage has proven to be bullit proof during this economic adjustment. If you had your retirement funds in self storage in 2008 you would still have your money in 2009.
This opportunity falls exactly into the category of a safe secure sleep at night commercial property management. Why not have a commercial property with one managed tenant I here you ask, well if one tenant goes broke during vulnerable times so do you if you have borrowed money against your property. With self storage such as this opportunity you spread the risk over 220 tenants with a natural flow of ins and outs.
CHECK THIS OUT
84% Occupancy
223 units
Land area 5,963sq m
Rentable area 2,884sq m
Gross income 08/ $231,335; 09/$222,102
Forward estimate $254,353
Keypad entry
Computerised management
Strong regional city of 100,000 tipped to double by 2031
Requires part-time manager
Call Trevor Berry 0408962705
trevor@benchmarkbusiness.net
www.benchmarkbusiness.net
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