Cygnet West are pleased to present to market Lock Street Self Storage at 21 Locke Street, Orana – Albany.

This well located and successful facility has 117 storage units and sits on a land area of 2,881 square metres.

The property is located approximately 400km south-east of Perth in the regional town of Albany. Albany is one of the biggest towns in the Great Southern Region of Western Australia and has a population of 61,491 (ABS 2022). Lock Street Self Storage is one of only 3 storage facilities in Albany and is the only self-storage in the area of Orana.

The self-storage industry has grown consistently over the past decade and has emerged as a legitimate investment option for private investors and institutional buyers. There is the option to run the facilities as an owner occupier or to convert to an automated storage facility.

The property is being sold via an ‘Offers Invited’ campaign.

Prospective purchasers must comply with the following:
Access to the ‘Dropbox’ with financial information will only be permitted to parties upon signing a confidentiality agreement.

An assessment period will follow the close of the campaign, after which the Vendor may (at its absolute discretion) elect to deal with one or more parties.

Inspections will be arranged by the exclusive selling agent.