- 115 unit self-storage facility with strong trading record & high occupancy - Additional rental from Spark cell-phone tower - Corner location, 4,350sqm of freehold industrial land in 3 titles - Modern secure site with strong management systems - Reported net income of $138,337 excl GST to March 2019 - Largest operator in the immediate area - Full financials available (subject to Confidentiality)
Located at the northern end of Normanby, on the corner of State Highway 3 and Ketemarae Road, approximately 5 minute's drive from Hawera, South Taranaki. This corner location provides high visibility to the heavy volume of passing traffic.
Self-storage is a growth industry, particularly as the residential property market becomes more intensified, population continues to grow. There is an increasing market for the storage of family goods and commercial products. U-Store, Normanby is strategically located to take advantage of the growing residential scene of Hawera as well as the towns of Eltham, Stratford and the surrounding farming district. This investment is being offered for sale by Deadline Private Treaty. The self-storage facility has strong management and security systems and is well presented and worthy of consideration. This is an easily managed business with strong cash flow. Inspections are recommended.
Deadline Private Treaty offers need to be received at NAI Harcourts Hamilton office no later than the closing time, 4pm, Thursday, September 19th, 2019 (unless sold prior).
Full Information Memorandum is available upon completion of Confidentiality Agreement.
Thursday 19 Sep 4:00 p.m.
Unless Sold Prior
Approx Floor Area: 1419 sqm
Land Size: 4350 sqm
Property Type: Other (U-Store Storage Units, Land, Buildings & Business - Going Concern)
Zone: Industrial under the South Taranaki District Council 2015 Proposed Plan