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30 Herriot Street
Heathcote, VIC 3523
$1,950,000 - $2,050,000
Overview
GREATER BENDIGO REGION STORAGE SHED FACILITY FOR SALE BY EOI
This commercial property presents a rare and high-performing investment opportunity in the Greater Bendigo region. It is a well-established, income-producing self-storage facility offered for sale as a fully operational going concern.
Situated on a substantial land parcel of approximately 2,074 square meters, the property features 64 storage sheds of varying sizes. This diverse unit mix provides strong recurring cash flow and excellent return potential, supported by local demand and minimal ongoing operating complexity.
Key investment highlights include a prime land parcel with exceptional access and site exposure, an established operation generating consistent annual income exceeding $140,000, and growth potential. The facility is ideal for investors or owner-operators seeking a reliable passive income stream.
The sale includes the business as a going concern, with low operating complexity. Additionally, management services are available to be retained, including a smooth transition handover and six months of complimentary management support to ensure continuity of income and tenant relationships.
Self-storage facilities typically generate revenue through monthly rentals and ancillary income streams such as tenant insurance, late fees, and additional services. These businesses often deliver high profit margins due to relatively low overheads and predictable demand compared to other commercial property types.
Financial transparency is provided with a comprehensive breakdown of current revenue streams, operating costs, and financial performance available upon request. This information offers qualified buyers clear insight into income, expenses, and return on investment.
Growth and upside opportunities include strong rental growth potential aligned with market demand, a stable tenancy profile with long-term occupants and minimal arrears, and the opportunity to implement enhanced marketing strategies, digital booking platforms, and additional services to further boost returns.
The seller is committed to a seamless buyer support process, offering six months of free management to ensure a smooth operational handover. This is an attractive incentive for purchasers wishing to retain professional management. Self-storage is a tightly held asset class due to the reliability of its income. The current vendor has enjoyed strong performance but now requires capital for another financial commitment.
Location
Heathcote VIC 3523
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