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Business in White Hills
Purchase this successful freehold and business and enjoy returns straight away!
This thriving self-storage business enjoys consistently high occupancy in a demographically compelling location, close to residential and industrial growth areas in Bendigo. Secured by a valuable commercial freehold, this business is an immediate cashflow opportunity, combined with long-term growth prospects linked to the freehold investment.
The 4,918 meter square site currently houses 138 units with a healthy 97% occupancy rate. A variety of sizes ensures each potential client is catered for. There is also space for open air storage for caravans or vehicles. The site has a secure perimeter, onsite cameras, silent alarm system and automatic gate accessed using unique pin codes.
Regular cash flow, with storage rental paid monthly and minimal working capital required. All equipment is currently in place to comply with safety regulations.
Attracting both long and short term clients, as well as repeat business, the longevity of the business requires minimal marketing to uphold current tenancy rates.
Built by the current owner and operated successfully for several years, this is a great investment for the future.
(ENOE)
