All Topics / General Property / Storage units

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  • Profile photo of parijatparijat
    Member
    @parijat
    Join Date: 2003
    Post Count: 2

    Hi, I’ve been offered an investment in a storage unit. Does anyone know where I can find more info to work outif this is a good investment? What to ask and look for?
    Thanks

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781

    Is it a complex or a single unit in a strata deal?

    Simon Macks
    Mortgage Broker
    http://www.mortgagehunter.com.au
    0425 228 985

    Todays Hot Rate
    ***3 year fixed – 6.49%***

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

    Profile photo of preciserealtypreciserealty
    Member
    @preciserealty
    Join Date: 2004
    Post Count: 19

    You have to be careful of the size of the units and the location. Most people buy storage units with their superannuation money as it provides good rent returns for a small entry level.

    There are some with guaranteed rentals going round.

    I actually am certified to sell this type of product. So feel free to run it past me [email protected].

    Bottom line it runs the same principle as commercial and the CG is geared aginst the rent return

    Profile photo of wealth4life.comwealth4life.com
    Member
    @wealth4life.com
    Join Date: 2003
    Post Count: 1,248

    Call Alan Teale from Raine and Horne in Alexandria he has some fantastic storage units ready now, tell him Philip sent you his number is 0404007800

    Profile photo of Scotty BScotty B
    Member
    @scotty-b
    Join Date: 2004
    Post Count: 44

    But are they a good investment?

    I live in Karratha and for a fee find quality cash positive deals there, email me at [email protected] to join our database

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