AUCTION this Saturday 10th at 1pm at LJ Hooker, 27 Bow St, Raglan
Raglan Self Storage is situated conveniently in the growing Nau Mai Business & Industrial Park, just a few minutes drive from seaside Raglan's town centre. Currently there are 122 storage units of various sizes in 9 separate buildings enjoying a consistently high occupancy rate, growing trading record and there is diversified income also with a 4 bay 390m2 industrial building containing 3 tenancies in place. Further land within the freehold title of 16302m2 is under a resource consent application to allow for development into a dedicated boat and vehicle storage area to capture future expansion of the storage business. With Raglan's forecasted future residential growth looking certain, Raglan Self Storage represents an exciting investment acquisition opportunity in this growth industry. LIM report and information memorandum are available upon request and financials upon completion of a confidentiality agreement. Inspections are highly recommended by contacting the sole agents.
Valuation Date:1 July 2020
WDC Rates: $ 3,649.05(incl gst)
WRC Rates: $ 704.49 (incl gst)
Legal Description: LOT 1 DPS 534786
Title: 882717 (Freehold)