Sold
102 Browns Road,
Kingston 7050, Tasmania
Price withheld
Established Self-Storage Business & Significant Freehold Improvements
RWC Tasmania has been appointed to sell 102 Browns Road, Kingston a quasi commercial and residential property located on the eastern side of the Southern Outlet.
Positioned at the front of the site, a north-facing 4-bedroom, 2-bathroom residence (plus self-contained unit) is complemented by a high-performing storage facility at the rear. This versatile configuration offers an opportunity for both owner-occupiers and strategic investors.
Key Property Highlights Include:
• Total freehold land area of 5,347 sqm*
• Residence (4 bed, 2 bath), plus self contained studio flat (1 bed, 1 bath)
• Long standing, successful self storage business with 100% occupancy
• 49 containers all on monthly storage agreements
• 450 sqm* warehouse with office and amenity, on monthly arrangement
• Gross operating income of $169,625 + GST pa (storage only)*
• Light Industrial Zoning per Tasmanian Planning Scheme
102 Browns Road, Kingston provides a unique opportunity for owner-occupiers seeking a high functioning (low foot traffic) business in proximity to home. Alternatively, investors and developers should strongly consider Browns Road to supplement the increased demand for industrial assets in the Kingborough region.
For sale by expressions of interest closing Thursday 11 June 2024 at 4pm (AEST).
Contact the undersigned agents for more information or to arrange an inspection.
Positioned at the front of the site, a north-facing 4-bedroom, 2-bathroom residence (plus self-contained unit) is complemented by a high-performing storage facility at the rear. This versatile configuration offers an opportunity for both owner-occupiers and strategic investors.
Key Property Highlights Include:
• Total freehold land area of 5,347 sqm*
• Residence (4 bed, 2 bath), plus self contained studio flat (1 bed, 1 bath)
• Long standing, successful self storage business with 100% occupancy
• 49 containers all on monthly storage agreements
• 450 sqm* warehouse with office and amenity, on monthly arrangement
• Gross operating income of $169,625 + GST pa (storage only)*
• Light Industrial Zoning per Tasmanian Planning Scheme
102 Browns Road, Kingston provides a unique opportunity for owner-occupiers seeking a high functioning (low foot traffic) business in proximity to home. Alternatively, investors and developers should strongly consider Browns Road to supplement the increased demand for industrial assets in the Kingborough region.
For sale by expressions of interest closing Thursday 11 June 2024 at 4pm (AEST).
Contact the undersigned agents for more information or to arrange an inspection.
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Contact Tom Balcombe
Contact Tom Balcombe
Tom Balcombe
102 Browns Road, Kingston TAS 7050
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Tom Balcombe
102 Browns Road, Kingston TAS 7050