26 Mine Road KORUMBURRA VIC 3950
$1,350,000 - $1,450,000

DESCRIPTION

A rare opportunity presents here to purchase this modern storage unit complex. Located in a prime position with high visibility and in the heart of Korumburra providing access across South Gippsland.

Property Features:

58 storage units with a combination of two sizes, and with the ongoing demand for storage, this facility boasts a high occupancy of 95% to 100%.

A total land area of 2241 m2* made up of 5 individual titles. This is a unique property, providing income now and options into the future.

Equipped with electronic security, pin code gate entry, secondary truck access, a fully fenced boundary, low maintenance gardens, comprehensive lighting, fire service and a CCTV security system.

Est. 7 years ago by the current vendors

Asset / Income Breakdown:

22 units 3.6m x 3m ($145 p/mth) = $38,280
36 units 6m x 3m ($190 p/mth) = $82,080
58 units in total
Projected income @ full occupancy $120,360 ($2314 p/wk) *

Don't miss this exceptional investment opportunity to own a storage unit facility that continues to thrive providing a lucrative return on investment now and into the future.

For further information and to arrange a personal inspection, please contact Irene Walker at SEJ Real Estate 0429 045 632

For a Due Diligience Checklist go to: consumer.vic.gov.au/duediligiencechecklist
(* denotes approximately)