This Self storage building is so unique, iit generates an annual income that is sustainable.
Envision an Industrial general building of 3,000 sqm, centrally located in White River, providing quick and easy access to all the major roads in and from town.
What makes this Warehouse / Self storage building so unique, is that it generates an annual income of roughly R1,029,600. How is that possible? There are fifty (50) storage units, varying in size from 12 sqm to 82 sqm, with easy access for Tenants.
The income is only one part of the uniqueness of the building. The other is the way it has been dissected into multiple sections, making it robust in terms of being able to cater for various consumer needs. The moving around of Tenants into and from the building is a breeze with the Supervisor being able to control the tenancy from the office on site.
There are several long term Tenants in this awesome building, making budgeting fairly easy. To my mind the Owners made an excellent decision to have the large Warehouse split into smaller rental spaces, instead of focusing to rent out the Warehouse in bulk.
Deciding to make it a self storage Unit was a brilliant decision, because the local community are always in need of storage space, due to an overflow of furniture, boxes, garden tools, trailers, caravans, etc at the various dwellings.
The condition if the property is good as it saw a lick of new paint. The buildings are old, but structural sound. There is three phase electricity in the building and each unit is metered separately.
Although a small portion of the buildings are not occupied, this is addressed by splitting the remaining sections to even smaller rental units, in order to accommodate Tenants who do not need large space for storage.
Viewing of the Warehouse / Self Storage can easily be arranged by merely calling or sending a Whatsapp to Agent Hans Meyer of Century 21 to arrange access.
Registered with the PPRA, under Grey Moon Properties t/a Century 21 White River, registered with the PPRA as a Business Practitioner, who operates a trust account.
Features
Interior
Exterior
Sizes
Parking Bays
Extras
24 Hour Response • Alarm System • Wheel Chair Friendly • Access Gate • Fence • Paveway • Aluminium roof • B Grade building • Several long term Tenants • Building facing WestWhite River Central, White River
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Disclaimer: While every effort will be made to ensure that the information contained within the Century 21 website is accurate and up to date, Century 21 makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.