Contact
6034 Lanier Islands Pkwy, Buford, GA 30518
Quick Links
Latest News
Don't Miss Out
Sign up for Pre-Release information today!
Made with ❤️ by 360vtsolutions.com
All Rights Reserved | Storage Caves - Atlanta GA
In demand: ‘man caves’, ‘she-sheds’ or ‘dens of equality’
Learn about the Rising Demand for Compact Storage and Workspaces.
Call them ‘man caves’, ‘she-sheds’ or even ‘dens of equality’, compact warehouse and office spaces are in hot demand in Sydney and Melbourne for both domestic and small business purposes.
Property experts attribute the popularity of the industrial bolt-holes to both the resilience of the small business sector and shrinking houses at a time when householders have more.
Man caves or she sheds? The Base’s small industrial units in Yarraville. SUPPLIED
Why Compact Spaces are Popular
These industrial spaces go beyond simple storage. They often include amenities such as kitchenettes, showers, and air conditioning, making them comfortable and functional. For many, these spaces offer a cost-effective alternative to housing and have attracted both self-employed professionals and investors. In Melbourne, for example, small warehouse facilities have gained traction with tradespeople and investors alike.
Affordable Investments with Good Returns
Warehouse units typically range from 130 to 243 square meters and start at $250,000 plus GST. Investors are drawn by a 6% rental yield and guaranteed 12-month rent returns, making them an attractive option compared to traditional real estate investments. With more affordable pricing than housing and the potential for stable returns, these spaces have gained favor with self-managed super funds and even parents buying them as an investment for their children.
Location and Access Matter
Many buyers choose these spaces based on proximity to their homes or businesses, often within a 10km radius. This reduces travel time and offers a better work-life balance. Areas such as Sydney’s Smithfield and Marrickville in the west, as well as Belrose and Brookvale in the north, have seen strong demand, with prices ranging from $115,000 to $130,000 for smaller storage units. The popularity is partly due to easy access to major freeways and convenient locations.
A Shift in Small Business Needs
Post-global financial crisis, there has been a structural shift toward smaller, flexible spaces suited for light industry, trade, and ecommerce. This shift has increased the demand for these compact warehouse units. Property experts note that the quality of these spaces has also improved, with better designs and facilities that cater to both personal and business needs.
Rising Prices in Certain Areas
Prices in Sydney’s compact storage market have surged, especially in areas where land is scarce. In southern Sydney and northern regions, prices now exceed $7,000 per square meter. Further from the city, prices are lower but still high, ranging from $3,400 to $5,000 per square meter.
Garage Condos are Flexible Spaces for Modern Needs
Whether for personal hobbies, small business operations, or long-term investments, these compact spaces are in high demand. They offer flexibility, affordability, and convenience, making them an ideal solution for those needing more than just a typical storage unit. As cities grow and housing continues to shrink, the trend of ‘man caves’, ‘she-sheds’, and flexible warehouse spaces shows no signs of slowing down.