Why you should invest in your own strata title storage unit.

  1. Smaller $ outlay compared to other property types makes storage units an ideal option for self-managed super funds or for low risk investors
    • buy from $112,000 to $270,000
    • Secure strata title units not company title
    • You decide what you do with the unit, use it yourself or rent it out
  2. Lower $ statutory outgoings compared to residential property
    • Strata levies from $550 per annum
    • Council rates from $500 per annum (2018)
    • No water rates
  3. Low repairs and maintenance costs
    • Storage use only – no kitchens/bathrooms
    • No fixtures or fittings to break
    • Over 500 leasing deals (source: J Iverach Real Estate Agent)
    • Average monthly rent $850.00
    • 6 to 12 month agreements
    • Minimal tenant disputes
    • No residential tenancy laws
  4. Annual net return over 5%  (source: J Iverach Real Estate Agent)
  5. • 161 sales in Bourkeside Storage over 9 years (66 resales) (source: J Iverach Real Estate Agent & RP Data)
    • Average annual capital growth of 4% (source: J Iverach Real Estate Agent)
  6. Location - Location - Location
    All our units are located close to a huge market of small businesses close to the CBD and Sydney Airport.