Share this property

realcommercial.com.au

5 Mcgibbony Court Ararat, VIC 3377

Directions

5 Mcgibbony Court,
Ararat, VIC 3377

Warehouse, Factory & Industrial • Development Sites & Land • Other

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 5 Mcgibbony Court

Directions

Secure Self Storage Facility

• Immense Development Upside
• Reliable Passive Income Stream

Nutrien Harcourts Ararat is excited to present to market this exciting investment/development opportunity. The asset consists of 27 storage sheds that are currently at 100% occupancy. There are preliminary design plans for an additional 27 sheds which can be provided on request.

There is strong demand for storage at present due to the region's thriving resource industry.

The development upside of this asset, and it's reliable and robust passive income stream should provide security to the potential investor.

Highlights:

- $33,012.51 gross rent last 12 months
- 1612m2 (approx.) Allotment with 40m2 (approx.) street frontage
- 27 storage sheds at 100% occupancy
- 2 different sized sheds
- Excellent development upside with preliminary plans for an additional 27 (STCA) on adjoining land that's included in sale
- Strong demand for storage at present due to the solid resource industry and local or interstate relocation
- Durable construction
- Secure locking mechanisms
- Currently managed by Nutrien Harcourts Ararat

Additional information

Property ID: 504240980Last Updated: 21 Jun 2023

04385210...
realcommercial.com.au logo
5 Mcgibbony Court
Ararat, VIC 3377
Nutrien Harcourts - ARARAT
90 Barkly Street
ARARAT, VIC 3377

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.