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Fully Managed Affordable Investment with 7% Net ReturnProperty ID 1688013- Secure, Affordable, Fully Managed entry level commercial investment opportunity
- One 540m2* Strata Titled Hardstand Storage Lot is offered for sale in the Port of Brisbane Storage Facility
- Average True Net income from the 2014/15 & 2015/16 financial years of $17,582pa* plus GST
- Complex is electric gated, fully fenced and features 13 surveillance cameras
- Consistently high occupancy on the storage sheds and hardstand areas of between 90%* and 100%
- All Lot Owners share in the aggregate monthly income (which ensures fair distribution of income despite vacancies)
- Onsite Manager 24/7 living on site, complex is well maintained and is not flood affected.
- Easy access from the Gateway Motorway & Port of Brisbane Motorway, largely servicing the Wynnum / Manly areas
- Sale Price: $250,000 (GST Exempt - Going Concern)
Contact Exclusive Agents Jared Doyle or Jack Gwyn of Ray White Commercial TradeCoast for more information or to arrange an inspection today!!
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.