30 Herriot Street

Heathcote VIC 3523

Prime land parcel of *2,084 m with exceptional access and site exposure
64 storage sheds providing diversified unit sizes and tenancy mix
Established, income-producing operation with consistent annual income of $140,000+ and growth potential
Ideal for investors or owner-operators seeking a reliable passive income stream
Keeping management with Ray White Bendigo available with the sale, including a smooth transition handover and six months of complimentary management

Self-storage facilities typically generate revenue through monthly rentals and ancillary income streams (e.g. tenant insurance, late fees, additional services). With relatively low overheads and predictable demand, storage businesses often deliver high profit margins compared to other commercial property types.

Financial Transparency
A comprehensive breakdown of current revenue streams, operating costs, and financial performance is available upon request, providing qualified buyers with clear insight into income, expenses, and return on investment.

Growth and Upside Opportunities
Strong rental growth potential - there is clear scope to increase rents in line with market demand
Stable tenancy profile with long-term occupants and minimal arrears
Opportunity to implement enhanced marketing, digital booking platforms and additional services to further boost returns

Seamless Buyer Support
Ray White Bendigo is committed to a smooth transition, offering six months free management to ensure continuity of income, tenant relationships, and operational handover support - an attractive incentive for purchasers wishing to retain professional management.
Self-storage is a tightly held asset class due to the reliability of its income. The current vendor has enjoyed strong performance but now requires capital for another financial commitment.