Residual money maker 7.5% yield

1026, Manchester Street, Hastings Central, Hastings

By Negotiation

Proposed Usage
Industrial
Floor Area
1350.00 m²
Land Area
2023.00 m²
Description:
Property ID
1c494ln

There is nothing more steady and in hot demand than the passive income of storage units, especially on prime industrial land in a fantastic location such as this. This can be a land bank with a residual earner or a safe bank with a decent yield.
Please get in touch for a viewing or request the CA for the financials.
• Net income $150k • 160 units • 142 inside units from 10-32 cubic meters
• 18 20ft containers outside 32 cubes • Prices $22-65 pw • Full occupancy 158 units 2 containers on their way • 7.5% yield FIRM


Enquire about this property

Hastings Central Area