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RWC - Townsville

8 Parkside Drive Condon, QLD 4815

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8 Parkside Drive,
Condon, QLD 4815

Warehouse, Factory & Industrial • Other

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Freestanding self storage compound with strong occupancy

  • Net income: $131,592 per annum
  • Upside via 14 vacant units
  • Fully managed with little owner work
This well established self storage facility is available for immediate sale. The complex is ideally location close to Lavarack Army base, James Cook University, and an enormous residential catchment area including Condon, Kirwan, Rasmussen, Kelso and Douglas.

Features include:

• Land area: 2,589 sqm
• 48 shed-style storage units
• 15 new container storage units - installed in December 2022
• 14 vacant sheds allowing for significant upside once leased
• Net income: $131,592 per annum
• Floor area sheds: 783 sqm
• Floor area containers: 208 sqm
• Hardstand secure yard leased to separate tenant
• Land area hardstand lease: 670 sqm
• Built in 1997
• Strong occupancy

For Sale via offers to purchase.

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Property ID: 504383584Last Updated: 30 Oct 2023

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RWC - Townsville

Level 1, 41-51 Sturt Street
TOWNSVILLE CITY, QLD 4810
0407 213 8...
RWC - Townsville
8 Parkside Drive
Condon, QLD 4815
RWC - Townsville
Level 1, 41-51 Sturt Street
TOWNSVILLE CITY, QLD 4810

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