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Updated - Showing Good Returns with Additional Development Underway.Property ID 1712816Jefflin Storage Complex is Griffith largest storage complex providing mini self-storage from 10m to 42m square, and workshop commercial sheds from 110m square. The property has the ability to cater for large workshop/handyman sheds to run your new or existing business.
Selling as whole and showing a gross return of 10%, the property also has scope for expansion and higher return for the astute investor. With a ever growing demand for storage, this complex currently has a occupancy rate at 95% approx.
FURTHER EXPANSION POTENTIAL INCLUDES;
* Another 35 site container spaces
* Footings have been poured for 15 concrete tilt panel/steel roof reconstruction storage units
* Large slab poured for approved workers residence or convert to more large storage units
* Financials available
* The 3 remaining sheds which are owned by a separate 2nd owner is willing to negotiate so the whole premises can be owned by one vendor.