Real Estate x 3, Self Storage x 3 Businesses For Sale

Listing Number: 95135-961064

Description

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.

Listing Details

• Price: $28,500,000
• Down Payment: --
• Sellers Discretionary Earnings: $1,560,000
• Total Sales: $3,650,000
• Location: Overberg District Municipality, 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