24 Hampson St, Millbank, QLD 4670, Australia
25% Trade Component
AU$918,750 (Cash) | AU$306,250 (Trade)
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.
House currently tenanted achieving $255 per week
If you have a general enquiry about 24 Hampson St, Millbank, QLD 4670, Australia, would like further information about this property or to arrange an inspection, please complete the form below: