17 Thompson Street

Mosman Park QLD 4820

4,000 sqm of total site area
NLA of approx.1,031sqm
89 existing self-storage units
88% occupancy by area
Average monthly income $17,159 (past 12 months)
FY 2023 gross income projection of $203,828
Significant value upside with the additional approved 600sqm NLA
Benefits to a 'hands-on' investor to reduce property outgoings and boost the net income
Self Storage is considered a defensive, inflation-proof investment given the opportunity to optimise income through storage fee rate rises

** Figures are current as at June 2023. Request up-to-date information and further details on this asset from Cushman & Wakefield.

This facility has secured 24-hour access, is energy efficient, includes a customer reception office and merchandise area and is a well maintained, clean facility on flood-free land.

The location is well positioned less than 2km from the Charters Towers CBD which is an easy 90 minute drive to the coastal City of Townsville.

The main economic contributors to the region are mining, agriculture, education and tourism. Council is proactive in expanding business and economic output in the region which will bode well for growth into this region.

Additionally, the Federal and State Governments have committed over $3.5billion of investment in infrastructure in this region. The surge in job creation underpinned by these projects positions this asset for exceptional growth opportunities.

The property is to be sold as a going concern. Trading figures are available to qualified parties under a confidentiality agreement. To discuss this asset in more detail please contact the exclusive agents at Cushman& Wakefield.