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Listed 28 days ago

ID#590077

Goolwa

Southern Fleurieu
$625,000

Solid Blue-Chip Investment

With interest rates currently at an all-time low, why would you leave your money in the bank when you can invest in a solid, blue-chip investment like this returning approx 5.8% pa with potential for more.

Situated on a prime commercial site of 2,608m² in Goolwa's thriving Commercial / Industrial Precinct, comprising of 34 storage sheds of varying sizes totalling over 690m² of floor space with an average occupancy rate of 90% (currently 97%). With limited overheads and minimal annual maintenance costs, here is a 'set & forget' investment that has to be considered.

100% occupancy rate for 12 months for a full financial year would yield in excess of 6.5% ROI.

If you'd prefer to not have to worry about it at all, Elders Goolwa currently manage the rental of the sheds allowing you to sit back and simply wait for the funds to arrive each month.

Here is a breakdown of each storage shed:

SHED # RENT $ P/Mth SIZE
1 $145 9.1 X 3M
2 $140 9.1 X 3M
3 $140 9.1 X 3M
4 $130 6.1 X 3M
5 $120 6.1 X 3M
6 $130 6.1 X 3M
7 $130 6.1 X 3M
8 $90 3 X3M
9 $90 3 X 3M
10 $90 3 X 3M
11 $90 3 X 3M
12 $130 6.1 x 3M
13 $135 6.1 X 3M
14 $130 6.1 X 3M
15 $120 6.1 X 3M
16/17 $240 8.5 X 6M
18 $135 8.5 X 3M
19/20 $220 8.5 X 6M
21 $145 9.1 X 3M
22 $145 9.1 X 3M
23 $145 9.1 X 3M
24 $145 9.1 X 3M
25 $145 9.1 X 3M
26 $145 9.1 X 3M
27 $140 9.1 X 3M
28 $140 9.1 X 3M
29 $90 3 X 3M
30 $90 3 X 3M
31 $90 3 X 3M
32 $140 6 X 3M
33 $130 6 X 3M
34 $130 6 X 3M

For full details including Income & Expenditure Reports and current rental terms, contact Lucas Bradley at Elders Goolwa today.

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Agent

Lucas Bradley

Elders Real Estate - Goolwa

(RLA 213003)

This property was photographed by

Don McKenzie (Photographer)

Fleurieu

CAA Part 102 Certified

Listed 28 days ago

ID#590077

Goolwa

Southern Fleurieu
$625,000
proudly marketed by
Lucas Bradley
Elders Real Estate - Goolwa
Lucas
0438 404 492
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