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135 Bealey Street, Hokitika, Westland

Storage Shed Business Opportunity

dollar

Asking Price $295,000

Section
Section
Floor area
151m2
Land area
409m2
Garage
6
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Property details

Listing # HOK30457 | Listed on 15 July

Offered to the market for the very first time, 135 Bealey Street presents an outstanding opportunity to secure an established income-producing investment with strong future potential.

Comprising six storage sheds of varying sizes, this property is currently generating an annual return of approximately $26,000, with five units occupied by long-term tenants and one unit recently becoming available, providing immediate leasing potential or owner use.

Storage shed sizes are approximately:

Unit 1 - 8m x 3.5m
Unit 2 - 8m x 3.5m
Unit 3 - 4m x 3.5m
Unit 4 - 4m x 3.5m
Unit 5 - 4m x 3.5m
Unit 6 - 9m x 3.5m

The property is well serviced, with power connected to the storage sheds, an external water supply adjacent to Unit 1, and telecommunications cabling available for future connection if required.

Whether you're looking to expand your investment portfolio or secure a low-maintenance commercial asset with an established income stream, this is an opportunity not to be missed.

With interest already being shown in this property, don't delay-opportunities like this are rarely available. Contact us today to arrange further information or your inspection.

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