53 Riverbank Road, Otaki Kapiti cash cow!
TweetAvailable PropertyFiles:
- /1. Information Memorandum/
- Riverbank Road, 53_IM min.pdf
- /2. Safeguard documentation/
- Draft Contract Otaki.pdf
- Facility Map Example.pdf
- RVBNK-Occupancy Report (2) (1).pdf
- Riverbank Management Agreement.pdf
- Riverbank_Storage_Limited_-_Current_and_forecast 150425.pdf
- /3. Title /
- 3238289-1.pdf
Property Description
• Land, building, and business included• Fully automated facility (built in 2022) with a full-time manager
• 85 secure units, 87% occupancy, managed by longstanding storage specialists
• Net income of approx. $170,000pa + GST with rental upside
53 Riverbank Road, Ōtaki storage offers an outstanding opportunity to purchase a low-risk investment generating strong income streams from consistently high occupancy levels.
This modern, purpose-built storage complex comprises 85 units housed within a functional layout. The units vary in size to suit a wide range of storage needs, with easy access and high-spec construction throughout. Key features include an automated entry/exit system, wide internal driveway for easy vehicle circulation, and a 24/7 monitored electronic security system.
Strategically located in the growing Kāpiti Coast, this professionally managed facility stands out as a premium storage offering. With limited current vacancy and strong ongoing demand, it provides substantial annual net income in a hands-off format. Self-storage investments of this calibre and convenience are rare!
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Terms of Supply
DISCLAIMER AND STATEMENT OF GENERAL POLICYThe following information has been supplied to Capital Commercial (2013) Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
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Contact Fraser Press
Capital Commercial (2013) Limited, Bayleys,
Licensed REAA 2008
+64 4 499 6022 +64 21 328 138 fraser.press@bayleys.co.nz All Listings
Contact Simon Butler
Capital Commercial (2013) Limited, Bayleys,
Licensed under the REA Act 2008
04 499 6022 021 128 9315 simon.butler@bayleys.co.nz All Listings