An excellent opportunity to secure a well-located storage unit complex offering immediate income with clear upside potential.
Situated just a hop, skip and jump from the Hastings CBD, this established property comprises 10 individual storage units, catering to consistent local demand. The complex currently returns a net rental of $24,546 per annum, with one unit vacant and several others identified as under-rented, presenting a genuine opportunity to lift income over time.
This is a classic add-value investment: improve occupancy, realign rents to market levels and enhance returns without the need for major capital expenditure.
Key features include:
• 10 unit storage complex
• Net income of $24,546 per annum
• One vacant unit providing immediate leasing upside
• Further rental growth potential from under-rented units
• Convenient location close to Hastings CBD
• Strong demand fundamentals for storage assets
Well suited to investors seeking a low-maintenance asset with both holding income and future growth prospects.
The property is to be sold by Deadline Sale with the deadline being 4pm, Wednesday February 25, 2026 (unless sold prior)
For further information or to arrange an inspection, contact the sole agent Shannon Caldwell.
