New
Babinda Real Estate is pleased to present "Innisfail Storage and Mini Storage" to the market.
100% Occupancy with waiting list for new tenants for storage sheds. Reliable Passive Income Stream.
Key Highlights:
* Large 3259 m2 block - zoned light industry
* Bitumen driveway
* Toilet facility
* Workshop
* 55 storage sheds at 100% occupancy
* 2 Large workshop sheds - approx. 9.8 m x 23m at 100% occupancy and leases in place
* 2 storey office - approx. 7.76m x 5m
* Unused grassed area at back of property - 67m2, with the potential of further storage units.
* There is strong demand for storage at present due to the region's demand.
* Current waiting list for occupancies
* Durable construction
* Secure locking mechanisms
* Currently managed by a local agency
* Security cameras to property
The asset consists of 55 storage sheds that are currently at 100% occupancy. 2 Large workshop sheds - approx. 9.8 m x 23m, 2 storey office - approx. 7.76m x 5m, Unused grassed area at back of property - 67m2, with the potential of further storage units.
The development upside of this asset, and it's reliable and robust passive income stream should provide security to the potential investor.
Please phone or email for further details. Inspections welcomed.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.26 km | 0 | 0 | -m2 | Year 2024 Month 12 Day 09 | - | Council approved | |
 | 0.23 km | 4 | 1 | -m2 | Year 2024 Month 11 Day 18 | $287,000 | Council approved | |
 | 0.20 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 01 | $185,000 | Council approved | |
 | 0.19 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 29 | $185,000 | Council approved | |
 | 0.59 km | 4 | 2 | -m2 | Year 2024 Month 07 Day 21 | $380,000 | Council approved |