Everyone wants a low risk business investment, and the risk doesn’t get much lower than with this 18 year old self storage business. Secured by valuable commercial Freehold property, this business presents as an immediate cash flow opportunity, combined with long-term growth prospects linked to the underlying Freehold investment.
Self storage is the ultimate passive income… Most clients “set and forget”, this some clients having multi-year rentals. There is no need to actively engage with clients except to lease new units or invoice on a monthly basis.
Advertising requirements are minimal, and competition is already fully established, meaning that the business performance is unlikely to be impacted by new entrants to the market. Additionally, given the geographic location there is virtually no commercial and industrial land available for a new competitor to set up within an 8 km radius this of the business.
The premises were constructed in 2000, and as such are modern and in good condition. There is virtually no maintenance required, with the exception of sweeping the driveway every now and again.
Note that the property is not strata titled, meaning you have complete control over the facility and are not dealing with other property owners in regards to the operation of the business.
The business profile on this business is completed, so register your interest now.
Phone: (08) 9429 8882
Mobile: 0433 149 144