Investment Opportunity - Self Storage Facility Perth Airport

19 Bungana Avenue, Perth Airport, Western Australia 6105

Industrial For Sale

Expressions of Interest. EOI Date 5 Oct 2018
Land Area: 10,460.00 m2.    Floor Area: 6,439.00 m2.    

Description

Colliers International is pleased to present to the market the Self-Storage facility located at 19 Bungana Avenue Perth Airport, to be offered for sale by Expressions of Interest. Closing date 5th October 2018, 4pm WST.

Key Attributes:
• Large Self-Storage Facility with contemporary design
• Significant operating business with potential to increase turnover
• 914 Storage Units with further development upside
• Located on main thoroughfare into Perth Airport from Gt Eastern Highway

The Opportunity

The Self-Storage facility at 19 Bungana Avenue Perth Airport is a 24/7 operation and incorporates 6,439 sqm of improvements with a total site area of 10,460 sqm.

The established Self-Storage facility is being offered for sale by Expression of Interest and includes the significant long term leasehold investment in the land. A 36 year lease was entered into 30/6/2011 with further lease option for 49 years.

This property offers the opportunity to purchase a significant operating business with the potential to increase turnover with strategic marketing and management practices. Included in the sale are all major improvements and assets required to continue the business. In addition all rental contracts with existing tenants will be included in the sale.

The property is located on the apron of the Perth Airport 11kms from the Perth CBD, just 500m from the intersection of Great Eastern Hwy and Fauntleroy Avenue. Fauntleroy Avenue is now the main entry point into the airport from Great Eastern Highway.

For further details or to receive an Information Memorandum, please contact the exclusive selling agents.

Features

  • Self-Storage Facility in Prime Location
  • 914 Units - 6,439 sqm Facility
  • Significant Operating Business

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