8 Parkside Drive, Condon QLD 4815

Secure Storage Complex With Upside

This low-maintenance storage unit complex is available for immediate purchase and is strategically located in close proximity to Lavarack Army base, James Cook University, Willows Shopping Centre and an enormous residential catchment area including Condon, Kirwan, Rasmussen, Kelso and Douglas.

Key Features:

– 48 individual storage units ranging from 8.5 – 24m2*
– Gross Lettable Area of 738m2*
– 15 free-standing container storage units
– 670m2* of balance secure hardstand for outdoor vehicle storage
– Total site area of 2,589m2* zoned “Major Centre”
– Main complex constructed in 1997
– Well-secured with perimeter fencing and new surveillance / security system in place
– Consistent occupancy record with frequent new enquiries via the managing agent
– Property Manager already in place to handle enquiries, new tenants and vacates
– Current holding income of $125,000* (net) pa at 57% occupancy
– Capable of producing income up to $240,000 (net) plus GST pa

*Approximately

Property Features

Industrial/Warehouse
Land is 2,589 m²
Floor Area is 991 m²

Commercial Features

Highlight 1

Freehold Storage Complex

Highlight 2

Rental Upside - 57% Current Occupancy

Highlight 3

Strategic Catchment Location

Real Estate Agent

About
Bio
Recent Listings

Steve Whaling

Commercial Sales and Leasing

0423 267 909

Steve was born, raised and completed highest levels of schooling in South Africa. Craving an adventure, he spent years travelling the globe and eventually settled in Australia with his wife and sons. In his downtime, Steve is involved in beach volleyball, tennis and reluctantly hitting the gym! Steve is dedicated and a man who approaches his work responsibilities with integrity, passion and attention to detail. Regardless of the size of the transaction, he prides himself on his commitment to fairness and has an extensive & loyal client base. If you’re looking for a Commercial Agent who can provide a personalised and knowledgeable service to get the result you need, give Steve a call !