What's a 6sqm storage garage in Brisbane CBD worth to rent?

Discussion in 'Innovative Techniques' started by mja, 7th Jun, 2015.

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  1. mja

    mja Capitalist.

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    Hi all,

    As part of the apartment I purchased some 11 years ago, a storage cage was thrown in for free. It's a 6sqm one on the ground floor with a roller-door+lock. Naturally access is probably restricted to only tenants of the building, or during business hours if the serviced apartment reception grant access.

    What would they be worth? Is anyone sub-letting out their apartment storage?

    I'm letting the storage out to one of the owners in the building, but it would be interesting to see if there is such a 'market' rent.

    On a side note, they have suggested I sell it to them...
     
  2. jerrybee

    jerrybee Member

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    Are there businesses near by? Perhaps one of them might be interested.

    More space is always desirable and if someone in my apartment were to offer to sell one I'd definitely consider it if the cost was reasonable.
     
  3. Scott No Mates

    Scott No Mates ...and people wonder why?

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    Value relates to utility. Can you bring your car to it? Is it under a mixed use building ie shops and offices below the residential units?

    Otherwise it will be too hard to access and have value only to those within the building.
     
  4. Television

    Television Schemin' and dreamin'

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    No car if it's 6m2... Single car garage is normally 16-18m2
     
  5. mja

    mja Capitalist.

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    Yeah, even a golf buggy wouldn't be able to get in. Just imagine about 50 of these storage units on the ground floor of an apartment building, without about a 1.5m wide corridor to walk through to get in/out of the storage.
     
  6. Scott No Mates

    Scott No Mates ...and people wonder why?

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    The concern is that you can drive down to the storeroom, not that you can get your car into it - 3x2 lock up is more like bike storage, file storeroom, dry storage for shops/freezer etc.
     
  7. Television

    Television Schemin' and dreamin'

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    Misread your first post as "can you bring your car IN to it". Should have known :p :eek:
     
  8. Scott No Mates

    Scott No Mates ...and people wonder why?

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    I forgot that you drove a smart car & had a trolley jack & dollies to move it around :p