Offers above $700,000

12 Isaacs Street, Busselton, WA 6280


Commercial Investment with Dwelling

Rarely do self-storage facilities come onto the market with owners usually happy to sit back and reap the returns with little efforts, keep building or acquiring more. This has to be one of the best investment properties currently available.

Situated overlooking the Vasse River is a well-constructed double brick and tile residence with 3 bedrooms, 2 bathrooms with both formal and open plan living and several large outdoor areas. The house is currently tenanted or can be provided ready for you to occupy at settlement.

The storage unit component of the property consists of 33 units of varying size. This self-storage facility could be run as an owner/operator business but could easily be run through property management without your involvement. managed, by either renting the house out and running management through a real estate company, or by managers living in the house at the rear of the property. Many options exist for this property to combine a lifestyle with income or hold the property purely for an investment return.

If you have been watching self-storage businesses, then you will know that they do not often come onto the market and these smaller facilities do not last long.

Key Attributes:
- 2,669 square metre Light Industry zoned property
adjoining the Vasse River reserve with good views;
- 3 Bedroom, 2 bathroom brick and tile house built c1990s
with air conditioning;
- 2 large enclosed outdoor areas and single garage;
- 33 storage units ranging in size from 9sqm to 27sqm
(approx.);
- Security gate access with pin code entry;
- Mains reticulated fire system;
- Bitumen paved parking and driveway;
- Currently returning a gross rental income of $50,652 per
annum with potential to increase to $91,680 (approx)
once fully let.

Price: Offers above $700,000 (Nil GST)

For more information on this Self Storage Facility for sale in Busselton, contact Matt Snaddon on 0488 280 020

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DEMOGRAPHICS

Population
Average Age
57% Owner
32% Vacancy Rate
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