Small Cold storage as IP - risks, costs & DD

Discussion in 'Commercial Property' started by CapGrowth, 9th Jul, 2021.

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  1. CapGrowth

    CapGrowth Member

    Joined:
    2nd Oct, 2017
    Posts:
    11
    Location:
    Sydney
    Hi,

    Long time reader, dabbling in commercial for the first time.

    Looking at buying a small 100m2 cold storage with a 10KW solar system. The additional equipment gives me cold feet (!).

    Has anyone had any experience owning small cold storages? or commercial with 10KW solar?

    1. What is expected economical life of the cold storage eqpt, compressors, insulation panels, door seals, etc?
    2. How much could it cost to replace the equipment (I know - bad question as it depends)? Are we talking multiples of $10k or closer to $100k?
    3. How much should I expect ongoing maintenance to cost?
    4. Any recommendations for decent cold storage mechanics in QLD to assess the state of the equipment and potentially maintain this?

    Thanks in advance.