$1,200,000

331-335 Raglan Street, Sale VIC 3850

4019 m²

783 m²

$1,200,000

331-335 Raglan Street, Sale VIC 3850

4019 m²

783 m²

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Self-Storage Facility with room for expansion

This self-storage facility situated on 4019m2 (0.99 acre) of land, is located in a prime position with high visibility on busy Raglan Street. There are 52 highly sought after strata titled storage units. The units range in size from 3 x 3 to 3 x 9 metres and boasts up to 85-95% occupancy.

The property has high secure metal fence & gate and entry is by a high-tech electronic swipe card that can be individually locked if lost or stolen. There are several fire hoses on site as well as a toilet. One of the best features of this property is that there is plenty of room for expansion to build 13+ more units.

This is a very rare opportunity, when fully occupied there is an annual rental income of $95,127 giving the astute investor a healthy return.

Disclaimer: Prospective purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. For a Due Diligence Checklist go to: http://www.consumer.vic.gov.au/duediligencechecklist

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