Office Space Apple Storage , Ferndale

R6 928 001 | 921 m2 @ R7522 per m2

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Storage Park - For sale - Park B

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Investment Opportunity – Storage Yard for Sale in Ferndale, West Street

Overview: A prime investment opportunity is available for sale in Ferndale, selling as a going concern. This property is an established storage yard offering 62 storage units that generate a reliable monthly income.

Key Features:

  • Land Value: R2,700,000
  • Development Costs: R1,500,000
  • Storage Containers: 62 units valued at R44,000 each, totaling R2,728,000.

The storage yard includes:

  • Security Systems: CCTV surveillance, panic buttons, full electric fencing, and floodlights.

Income Generation:

  • Total Storage Units: 62 (32 bottom units, 30 top units)
  • Monthly Rental Income: R72,920 from all units combined.

Monthly Expenses:

  • Management: R1,070
  • Electricity: R400
  • Municipality: R3,300
  • Security: R845
  • Subscription: R350

Total Monthly Expenses: R14,965

This opportunity offers a steady income-generating asset with a solid security system in place, making it an excellent prospect for any investor.

Building Description

This well-secured storage facility is located in the heart of Ferndale, offering a modern and practical solution for both personal and business storage needs. The property features 62 premium storage units, split between 32 ground-floor units and 30 upper-floor units, providing ample space and flexibility for various storage requirements.

The yard is fully enclosed with electric fencing and equipped with state-of-the-art security systems, including CCTV surveillance, panic buttons, and floodlights for enhanced safety. Additionally, the facility is monitored 24/7, ensuring the security of stored items and peace of mind for tenants.

The site layout is designed for easy access and maneuverability, with wide driveways for vehicles and convenient load-in/load-out points. The property is fully developed with durable storage containers, each constructed to withstand weather conditions and keep stored items safe and secure.

Ample parking and on-site management services are available, ensuring a smooth operation for tenants. Located in a prime area of Ferndale, the yard is easily accessible from main roads and nearby public transportation routes.

This storage facility not only provides security and convenience but also represents a lucrative investment opportunity with a stable revenue stream.

Broker Details

Bradley Lawrenson, Commercial Property Broker

Bradley Lawrenson

M: 0762827030

O: 087 234 8000

E: brad@anvilproperty.co.za

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