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Capital Commercial (2013) Ltd MREINZ, (Licensed: REAA 2008)
Simon Butler Simon Butler

53 Riverbank Road, Otaki

For sale by tender, 21 May

Listing Description

Listed: Thu, 17 Apr

Kapiti cash cow!

53 Riverbank Road, Otaki, Kapiti Coast, Wellington

To be sold by tender (closes on 21 May)

Details

  •   1329m² Floor
  •   2756m² Land
AttributeValue
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

Simon Butler

Discover more about this property.

Request the files from Simon.

Map




Capital Commercial (2013) Ltd MREINZ, (Licensed: REAA 2008)
Simon Butler

Simon Butler


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Agent's details

Simon Butler

Simon Butler

Fraser Press

Fraser Press

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Capital Commercial (2013) Ltd MREINZ, (Licensed: REAA 2008)

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