



Are you looking to invest in a easy income making property? This property has a little bit of everything!! On this 6+ acre parcel there are 3 apartment rentals, 38 storage units, 13 climate controlled storage units and approximately 3+/- acres fenced and gated for RV/Boat/Vehicle parking/storage. The 3 apartments consist of a 1 bedroom, 2 bedroom & 3 bedroom units. All of this is already established and yet there is room to expand! Monthly income changes due to the storage units. The monthly income is also affected by the apartments were leased at below rates during Covid. They are gradually being increased. The projected income can be more if you continue to develop the property. Add more storage units, add more climate controlled units, add more apartments or even rent out some warehouse storage. The main building has 13,580 sq ft. The vehicle storage area can also hold more than what is currently being used. Endless possibilities await!
| Year | Tax amount | |
|---|---|---|
| 2024 | USD $11514 | NZD $20,573* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to RE/MAX INTEGRITY
Property ID: 110120514224
Original Property ID: 3yd-MREDIL-12606956