Investing In Storage Units Australia

When investing in storage units for the first time consider the benefits full time managers can offer you.

Investing in storage units australia.

Self storage investing can be a great way to obtain tremendous cashflow without the headaches of tenants or toilets. While you could profit off of the top penny stocks to buy today self storage investing is trending in real estate investing. The founders of storage investments australia pty ltd sia have been involved in self storage since 2012 and established a business to focus on developing portfolio of self storage facilities across australia. In this article we will provide an asset class overview highlight recent changes in use discuss low minimum options for investing in self storage and conclude with thoughts on how investors can use this information to make informed investment decisions.

Roughly half of all the 23 000 self storage facilities have been built in the last 7 years. Thirty one self storage facilities have been proposed in sydney melbourne and brisbane over the next two years nine of which were lodged by new market entrants. But the growth in demand is only starting its rapid climb upward. The supply of storage units in australia is set to swell by more than 10 per cent in less than two years data from property research group urbis shows.

In case of storage units the cost of owning one is low and can start at 100000 for that price you need to move away from cbd locations making the return on investment roi high. The industry average return is between 7 to 8 per cent. Self storage facilities vary in size quality and construction. Investing in a mid sized self storage facility has over the past two decades provided a 29 6 percent return on investment which is the driving force behind the industry s growth during that time.