SOLD

55 LEE AVENUE, LEESVILLE, JINDABYNE NSW 2627

Outstanding Investment Opportunity
– 40 storage units with DA approved to build more!


SOLD | 20TH OCTOBER 2020

  • Located in Jindabyne’s Leesville industrial area
  • Showing excellent returns with a mixture of many long-term tenants as well as some more recent subscriptions
  • 2500 m2 block with storage units varying in size from 11 m2 to 55 m2, respectively.
  • 19 units with own electricity (payable by tenant of course), Bessa Block Construction
  • 21 units steel frame and colourbond
  • Existing approval for further 7 units
  • Current gross returns $90k p.a. inclusive GST (approx.)

Further Information

Agents Comments

This is an excellent investment opportunity for private investors or superfunds alike to purchase what has been a rock solid investment over time, with scope to further improve returns by building more storage facilities if needed.

The perfect set and forget investment indeed!

Company Note:
As a company we are actively complying with recent regulations put in place by the Australian Government in response to the COVID-19 pandemic. This included the recent ban on in-house and onsite auctions, resulting in us conducting our property auctions via an online platform, Auction Now. We are doing our due diligence to create safe environment for everyone while also trying to conduct business as best we can. Following the recent restrictions on the number of people that may interact in a group, property inspections will be limited to one person with listing agent Nick Kirshner. This is a restriction we intend to enforce to allow us to continue business as normal.

Contact Nick Kirshner | (02) 6456 6783 | nick@nickkirshner.com.au
Auction SOLD | 20th October 2020
Venue Auction Now | Online Auction Website
Inspect By Appointment with Exclusive Agent Only | Conditions Apply
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