*No requirement to reduce rental rates due to Covid pandemic*
Negotiable over $3,500,000 + GST (if any)
Compare this to other commercial investments where rents were slashed anywhere between 30 - 90% over the lockdown periods!
Demand has remained strong throughout recent events, as some businesses scale back and households downsize further increasing the demand for off-site storage. This is the investment you want to diversify your portfolio.
Stunning opportunity to get into the Self Storage market in one of the best locations in Christchurch.
These assets rarely come to the market and when they do, they are highly sought after.
No better investment offering split risk with multiple tenancies and a range of ways to add value and increase returns.
This complex is being offered with a management agreement in place to the highly respected Storageplus Management.
The Selwyn District has had the fastest level of population growth in any region of New Zealand. On top of this, the commercial/industrial growth in Rolleston has been huge. With the completion of the Southern Motorway nearing, this asset will only continue to grow.
Negotiable over $3,500,000 + GST representing a yield of 7%. With a further 19 units still available for rent and being absorbed every week, the profit can only increase!
Contact the agents for further information.
Ref #: 217055