FULLY MANAGED INVESTMENT
5 Peace Street improvements are 90 storage units, colourbond sheeting on steel frames, with colourbond rolladoors and concrete driveways. The property is fully managed and is for sale at a capitalisation rate of 9% on nett income.
• General Industry [low impact] but has an approved usage of warehouse and bulk stores.
• Construction commenced in 2005 with the first row of sheds and the final 74 units were built in 2008.
• 24 large units [3m x 6m] $250 pcm
• 58 medium units [3m x 3m] $150 pcm
• 8 small units [1.2m x 2m] ...