Rarely does an opportunity of this calibre come to market - a freehold going concern storage facility with an established, high-performing business, offering the incoming owner the opportunity to acquire the land, buildings and complete operating platform in one transaction.
17 Sheffield Street / Kapiti Self Storage comprises a purpose-built complex of 63 rentable self-storage units plus two outdoor yard spaces, positioned on a substantial 3,206sqm freehold site. Fully operational and owner-managed, the facility has maintained near-full occupancy for more than 10 years, demonstrating consistent demand and an established customer base.
The sale includes the land and buildings together with the established business, tenant agreements, website, domain portfolio and on-site systems - providing a genuine turnkey investment with an immediate income stream.
Every unit is individually alarmed and powered, with drive-direct access and a 24/7 automated security gate. The buildings hold an 85% NBS seismic rating, adding further strength to an already compelling investment proposition. With occupancy averaging approximately 99% under the current ownership, the property offers proven income performance from day one, while presenting opportunities for an incoming owner to further optimise operations and build on the established platform.
Generating approximately $231,000 + GST in annual income, and supported by proven self-management systems, this is an opportunity for a buyer to acquire more than just a property - it is an established business operating from a substantial freehold asset.
Located within the established Sheffield Street industrial precinct in central Paraparaumu, the property is well positioned to benefit from continued development across the Kāpiti Coast and the ongoing demand for convenient, secure storage.
This is the complete package - and opportunities to acquire all three components together are exceptionally rare.
For more information or to arrange a viewing contact:
Dean Anderson on 021 244 2931 [email protected]
Jo Stewart on 027 641 1680 [email protected]
*Please note all areas and values are approximate only.
Features:
* 63 rentable units plus 2 yard spaces
* $231K pa passing rent (excl. GST) approx.
* 98.5% let (64 of 65 spaces)
* Central Paraparaumu industrial precinct off Te Roto Drive
