Investing in Docklands has never been so affordable

A storage development on Lorimer St opposite Pier 35 offers canny investors a fantastic opportunity to own real estate in Docklands.

Port Melbourne Storage is a fantastic option for those looking at secure super and investments opportunities and is particularly timely, considering the present economic climate.

The developers of Port Melbourne Storage decided to construct the state of the art facility, with on site management and security, prompted by research that showed a strong interest by both investors and those who live in nearby apartments in need of extra storage. The advantage to purchasing a unit is that small investors or super funds can fund the full purchase price, with the units offering a healthy 8.5% return. Resales have shown a 13% capital appreciation in the last eight months.

The location in Docklands was chosen due to investment by large corporations such as Mirvac, who are developing the area. Land in Port Melbourne is now four times as expensive as land in Melbourne’s outer industrial areas such as Laverton North, Dandenong and Epping. Proximity to the Westgate Freeway and Citylink has contributed to a sharp rise in valuations in the area.

The storage offers a point of difference with owners having a freehold title, allowing them the choice to utilise the storage for personal needs, to rent it out or make use of the On Site Management.

For more information go to uownstorage.com.au