This article is from the Australian Property Journal archive
A SELF storage freehold and business in Beenleigh, Queensland is being offered by Highway Frontage Real Estate.
Highway Frontage Real Estate is offering the A1 Budget Self Storage property and business located at 8 City Road, Beenleigh by an Expressions of Interest process which will close on June 12 at 4pm unless sold before.
Located 30kms south-east of the Brisbane CBD, the property includes a freehold of 2,271 sqm on which is established the self storage facility of 1,333 sqm which has 128 storage units.
Also on site is a caretakers residence where plans have been prepared for a conversion to provide a further 29 storage units if required.
The freehold property has a frontage of 100 metres to the Pacific Motorway with access into the storage complex off the North Beenleigh off ramp.
The A1 Budget Self Storage business opened only in November 2007 and has built up to a current income from self storage space rentals of $10,830 plus GST a month.
According to selling agent Robert Stanley-Turner, the property will attract bids in the $2.4 to $3 million range.
Australian Property Journal
