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Warehouse for Sale in Perth, Australia

Fully-managed storage business for sale, offering 7.8% annual returns and eligible for Australian visa qualification.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 207 thousand
Run Rate Sales USD 207 thousand
EBITDA Margin 40 %
Industries Warehouses
Locations  Perth
Local Time 11:10 PM Australia / Perth
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.25 million (Native Currency: AUD 3,500,000)
Reason: At age 79, with a large AUD 770,000 mortgage, the promoter does not wish to leave this burden to his... View More
Includes physical assets worth USD 1.6 million
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Business Overview
- Strategic location: Situated in Port Hedland, a key industrial hub, enhancing potential demand for storage and parking solutions.
- Robust financial performance: Net revenue of AUD 275,864 for this year, with potential growth to AUD 444,000 upon full development of the site.
- The business has an efficient management structure, operating entirely under outsourced management that charges a 7.7% monthly fee. This eliminates the need for direct involvement and ensures smooth operations.
- Diverse clientele: Offers self-storage and car parking services catering to individuals, corporates, and industries, making it versatile in servicing varied storage needs.
- Scale opportunity: Currently, the site is 50% developed, allowing for significant potential revenue growth as development progresses to full capacity.
- Consistent cash flow: Net income is distributed weekly to the owner, facilitated by a real estate company managing both property and financial transactions.
- Visa eligibility: Qualifies for an Australian business investment VISA, presenting an attractive opportunity for international investors seeking to gain entry through investment.
This exceptional self-storage business offers a 7.8% net return, is fully managed, and is priced at AUD 3.5 million located on a 3,629 sqm corner site, it has plans to double capacity from 59 to 118 units, with a 4-stage expansion expected to increase net income from AUD 275,864 to AUD 440,000 annually. 61% of tenants have been with the facility for over 12 months, and it currently operates at 100% occupancy with a waiting list. The management team is available for post-sale project management, and crypto part-payment is considered. The new owner can live anywhere globally, with an Australian visa available for relocation.
Products & Services Overview
The business's top-selling offerings:
- Self-storage units.
- Car parking.
The services can be availed by individuals, corporates and industries for storing machinery and equipment.
Assets Overview
Tangible assets: Land worth AUD 600k, building and constructed area worth AUD 1.5 million and all other equipment (entire set up).
Facilities Overview
The business operates from its own facility.
- Land area - 3,629 sqm corner site.
- Houses 59 storage units and has 11 car parks.
- Only 50% of the site is constructed leaving space for expansion and additional revenue generation.
Capitalization Overview
The property has a mortgage of AUD 770,000, the company is 100% owned by the promoter.
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1 Buyer contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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