Bartercard Real Estate

24 Hampson St, Millbank, QLD 4670, Australia

AU$1,225,000
25% Trade Component
AU$918,750 (Cash) | AU$306,250 (Trade)

Additional Information


Pinterest

Prime Position Self Storage Business with Potential for Growth

Established self storage business on 2,218m2 of well located land in the popular residential and commercial suburb of Millbank in South Western Bundaberg. In close proximity to Takalvan Street and high catchment residential areas.

40 Storage sheds of varying sizes, suiting the requirements and needs of most prospective tenants. This business has numerous commercial long term tenants.

This storage facility is offered in package with an adjoining house on an additional 623m2 which could be used as manager’s residence or land bank for possible future growth opportunities. The 3 bdrm, one bathroom house is currently tenanted and on a separate title.The property also boasts a separately fenced display yard complete with air conditioning, toilet and kitchenette which could be leased to boost return or redeveloped into more self storage spaces or other related income generating alternatives.

-20 – 2.7m x 6.7m sheds (18m2)

-19 – 3.8m x 5.5m sheds (20.9m2)

-1 - mini storage shed

-Separately security fenced display yard approx 260m2

-Recently refurbished bitumen, gutters, paint

This property is not in the flood plain and the storage facility was actually at 100% capacity in the last flood. The storage facility is currently at 70% capacity. 

Rental Information

House currently tenanted achieving $255 per week

Additional Information


Property Features

Not applicable

Property Information

Category
Commercial
Land Size
2218 m2
Under Offer
Yes

Vendor Details

Andrew Federowsky

Phone : 07 5593 5916
Email : andrew@bartercardsgc.com.au

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