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Freehold and Established Self Storage

76 Waiwarawara Drive, Ruakaka

Industrial Buildings
gavel

Auction

Floor area
1006m2
Land area
2294m2
Covered park
10
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Auction

Friday
11:00am
NAI Harcourts Whangarei Auction Rooms, Level 2, 33-35 Robert Street, Whangarei
27
Mar

Map

Property details

Listing # NW2624 | Listed on 20 February

On offer is the rare opportunity to purchase a fully functional self-storage facility as a freehold going concern. A resilient, high-yield and low maintenance investment with an existing cashflow from both the storage facility as well as the commercial kitchen tenancy at the very front. The property also enjoys significant exposure to State Highway 15 at the rear of the site.

Built on a 2294 sqm (mol) section, the 1006 sqm facility was constructed in 2020 and is fully paved and gated. The storage facility offers 40 storage units facing out with roller doors, an additional 17 interior units for smaller storage rooms and the customer trailer. The property has been developed with care in mind, exceeding the fire regulations required for this development.

The vendor currently operates the storage facility from an office on the premise, which can easily be turned into rentable floor space to add to the already significant income.

The facility comprises 57 units in total and is running close to full capacity earning approx. $184,290+gst p.a. based on 2025 numbers. Plus a casual office tenant in a relocatable office unit for $8,040+gst p.a.
The property also has a commercial kitchen tenant on the road front that provides an additional $30,000+gst of income.

A LIM report, building plans and other documentation has been made available.
Enquire today!

**additional opportunity - sold separately**
What makes this storage facility of extra interesting is the vacant section of 74 Waiwarawara Drive, located directly next to the storage facility. 74 Waiwarawara Drive has had its retaining walls put in and a metal base put down, ready for commercial development. A Geotech report has been made available. Enquire about a pre-arranged purchase of this vacant site, subject to you successfully purchasing the storage facility at auction.

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