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Otaki

53 Riverbank Road, Otaki, Kāpiti Coast

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2,756sqm Land area SQM
1,329sqm Floor area

Kapiti cash cow!


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!

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/53riverbankroad

• 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

Key features


Available

Land, building, and business included

Manager

Fully automated facility (built in 2022) with a full-time manager

Occupancy

85 secure units, 87% occupancy, managed by longstanding storage specialists

Rent review

Net income of approx. $170,000pa + GST with rental upside