Reference: AGHX-T642593. Investment Opportunity Lot of 26 Rented Garages 7.18% Gross Yield For sale: a lot of 26 garages, all currently rented at an average of 80/month, generating an annual rental income of 24, 960. Located in a high-demand rental area, the site is secured by a locked gate. Roofs and guttering have been recently redone. 15 garage doors remain to be replaced (quoted at 700 incl. VAT per unit) a 10, 500 discount is already factored into the sale price, allowing for potential tax benefits via property deficit. Floors: approx. two-thirds compacted earth, one-third concrete. 2024 Property Tax: 5, 145 (incl. 947 waste collection tax). Sale Price: 347, 150 incl. fees. Gross Yield: 7.18% Additional upside: install EV charging stations in 24 garages and multiply the rent by 2.5 to 3 times.
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