


Listing Description
Kapiti cash cow!
53 Riverbank Road, Otaki, Kapiti Coast, Wellington
To be sold by tender (closes on 21 May)
Details
Attribute | Value |
---|---|
Property use | Industrial |
Agency reference | 3258222 |
Description
53 Riverbank Road, Otaki storage offers an outstanding opportunity to purchase a low-risk investment generating strong income streams from consistently high occupancy levels.
This modern, purpose-built storage complex comprises 85 units housed within a functional layout. The units vary in size to suit a wide range of storage needs, with easy access and high-spec construction throughout. Key features include an automated entry/exit system, wide internal driveway for easy vehicle circulation, and a 24/7 monitored electronic security system.
Strategically located in the growing Kapiti Coast, this professionally managed facility stands out as a premium storage offering. With limited current vacancy and strong ongoing demand, it provides substantial annual net income in a hands-off format. Self-storage investments of this calibre and convenience are rare!
To obtain copies of all supplementary documents please register your details at http://www.propertyfiles.co.nz/property/53riverbankroad
- Land, building, and business included
- Fully automated facility (built in 2022) with a full-time manager
- 85 secure units, 87% occupancy, managed by longstanding storage specialists
- Net income of approx. $170,000pa + GST with rental upside
Property Files

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Map
Agent's details


Simon Butler
