Listing Number: 95135-961064
Real Estate x 3, Self Storage x 3 Businesses, passive income generated self-storage facilities with low maintenance fully digital online application website function.
1-Two legal entities, one CC on the 3 x commercial properties, 9165 square metres in total, and the other CC, the 3 x Self Storage businesses, both are sold as one.
2-All facilities situated in close proximity to all major towns in the Overberg areas
3-Two of commercial properties buildings have flats on site, and one of these two have a hoist for access with managers that are 24 hours available.
4-The businesses supplies transport with a truck in the Overberg areas.
5-Facilities are situated next to major provincial roads for excellent exposure”
6-Additional land available, as part of the commercial property CC, for future expansion.”
7-All facilities fitted with security beams and linked to security companies in the areas, plus flood lights.
8-All units purposely build brick structures with lockable aluminium garage doors, and no windows in the storage units.
9-Access to premises via “Gate-Keeper” system, strict access control, with tenants own lock and key.
Since 2011, established in the market, no competition, 71% rental occupation average per month, so lot's of potential to increase rental % occupation.
- Price: $32,000,000
- Down Payment: --
- Sellers Discretionary Earnings: $1,560,000
- Total Sales: $3,650,000
- Location: Cape Town, Western Cape
- Inventory: $0
- FF&E: $114,253
- Employees: 1
- Year Established: 2011
- Reason for Selling: Move on to other commercial investments
- Category: Real Property Rltd