Storage facilities are ideal investments in today's environment where many people have assets which they wish to keep but do not have the capacity within their existing properties. In a town like Whangamata storage is sought after by those wishing to safely house their classic cars or boats.
The self-storage industry is experiencing significant demand, driven by factors like urbanisation, downsizing, and the need for extra space. Occupancy rates are high, and the industry is projected to continue growing.
Factors driving demand:
Urbanization and Smaller Living Spaces: As populations grow and living spaces shrink, people accumulate more belongings than they can store at home.
Downsizing: Many individuals choose to downsize to smaller homes, leading to a need for temporary or long-term storage for belongings.
Decluttering: The desire to declutter and simplify living spaces also contributes to the demand for storage solutions.
Working from Home: The rise of remote work has created a need for individuals to store items that are not essential for daily work, like office supplies and furniture.
Dislocation: People moving between residences or dealing with temporary living situations due to a house build or refurbishment may also need storage for their belongings.
Divorce and Deployment: These events can also lead to a temporary need for additional storage space.
Increased Mobility: With more people moving, there's a higher demand for storage solutions to bridge the gap between moves.
Opportunities like this don’t last as they are rare offerings in an affordable investment price bracket—contact us today to receive further information or to conduct an inspection. You will note that we are also marketing 316 Casement Road and 111 Lindsay Road which are also storage facilities being sold by the same vendor. Buy 1, 2, or 3.
Tender (unless sold prior)
