All Topics / General Property / storage space?

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  • Profile photo of kyl_37kyl_37
    Member
    @kyl_37
    Join Date: 2003
    Post Count: 18
    February 12, 2004 - 9:10 am

    Hi

    Has anyone seen the storage facility that is advertising investments from 9990$? It is a storage facility that “apparently” gives around 7% return without any vacancy ever….I don’t know if that is a great return before tax and expenses, but I thought it was a pretty funny idea.
    I saw it advertised on realcommercial.com.au and thought I would share it.
    Kyl

    Profile photo of AdministratorAdministrator
    Keymaster
    @piadmin
    Join Date: 2013
    Post Count: 3,225
    February 12, 2004 - 11:19 am

    I would be surprised if the building wasn’t managed by a manager.

    The storage space would be hard to resell. And, because of the manager and security probably impossible to have a tenant for the space without having the management involved.

    Pisces

Viewing 2 posts - 1 through 2 (of 2 total)

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