226b Princes Drive, Morwell VIC 3840
Prime Storage Opportunity - First Time Offered to the Market
This outstanding & contemporary storage facility makes its debut on the market, presenting an exceptional opportunity for savvy investors seeking a valuable, commercially viable, low-maintenance asset.
Features include:
> The storage facility, in pristine condition, offers a fully secure environment with automated entry and exit systems, enhancing its practicality.
> Equipped with 24-hour security monitoring, PIN code access, and a fully concreted driveway for convenience.
> Ideally situated between Traralgon and Morwell, and just 5 minutes from Latrobe Regional Hospital and Mid Valley Shopping Centre.
> Attractive depreciation benefits available.
> Comprising a total of 81 storage sheds, the facility boasts a high occupancy rate of 95%.
Asset/Income Breakdown:
– 38 Units: 15 m² storage sheds ($33 per week)
– 34 Units: 20m² storage sheds ($42 per week)
– 9 Units: 25m² storage sheds ($50 per week)
Projected income at full occupancy is $162,864 per annum ($3,132 per week).
For Further Information Contact
George Demetrios 0413 776 303 or Email > george@stockdaleleggo.com.au