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36 Vine Street, Centennial Park, WA 6330

36 Vine Street, Centennial Park, WA 6330

Industrial/Warehouse

  • For Sale
  • $495,000
  • For Sale
  • Under Contract

  • Land Area
  • 13.00 m² (approx)
  • Floor Area
  • 12 m²
  • Building
  • Whole
  • Last Updated
  • Oct 04, 2021

Interested in this property? Contact an Agent today

Merrifield Real Estate - Albany

258 York Street

Albany WA 6330

INVEST IN CENTRAL STORAGE UNITS

This complex of 30 storage units presents an outstanding opportunity with potentially excellent returns for an astute investor.
It consists of three blocks of Colorbond-fronted units with roller doors on a block of 905sqm.
One row of back-to-back units has Zincalume internal walls and the third row has Zincalume with a brick rear wall.
They all range in size from 12-13sqm, and when fully occupied, return a combined gross rent of $4,500 a month, equaling a gross annual income of $54,000.
Located on the edge of Albany's central business district, the units can be reached from both Vine Street and Orchard Street and access is available 24 hours a day, seven days a week. Each has an alarm system.
The units are in excellent condition, so demand little in the way of maintenance and upkeep, making them a sound business proposition and ideal for expanding an investment portfolio.
Storage units are popular with businesses and individuals, storing an assortment of items from equipment and furniture to retail stock and archived documents.
They are an affordable way to stow rarely used items without sacrificing on easy, all-hours access and help to maximise office,

36 Vine Street, Centennial Park, WA 6330

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