Find answers to common questions about storage unit sizing, access, ownership, billing, and more. Simple, clear, and always up to date.
What is the expected monthly rental income?
Estimated net monthly rental income ranges from approximately R1,307 to R2,783+, depending on the size of your unit. These figures are based on the current investor yield calculator included in the sales pack.
What are the projected net returns and yields?
Projected net annual yields range from approximately 10.3% to 11.25%, depending on unit size. Detailed projections are available in the investment evaluation document and sales pack.
What are the levies and monthly expenses?
Monthly expenses include body corporate levies, rates and taxes, and rental management fees. These costs are already factored into the projected net return calculations provided in the sales pack.
Is the rental income guaranteed?
No. Store Your World operates on a Shared Rental Model, meaning investor income is linked to the overall occupancy and performance of the facility, as well as the owner’s participation quota.
How does the Shared Rental Model work?
Rather than your income being dependent solely on whether your individual unit is occupied, rental income is pooled and distributed according to the Shared Rental Model and each owner’s participation quota. This helps to reduce the impact of individual unit vacancies.
What happens if my specific unit is vacant?
The Shared Rental Model helps mitigate individual vacancy risk. Your rental income is based on the overall performance and occupancy of the facility rather than solely on whether your specific unit is occupied.
How does the annual rental escalation work?
Rental rates are reviewed in line with market conditions and adjusted according to factors such as demand, inflation and operating costs.
What occupancy levels can be expected?
The average occupancy rate in the Western Cape self-storage market is approximately 95%. Store Your World’s occupancy is expected to build progressively over approximately 12 months following launch, with break-even reached at approximately 79% occupancy for a 5 m² unit.
Is there already a waiting list for tenants?
Yes. There is currently a waiting list for prospective tenants.
Can I see actual occupancy figures?
As Store Your World is a new development, historical occupancy figures for the facility are not yet available. The Western Cape self-storage market currently has an average occupancy rate of approximately 95%, which provides a useful market benchmark.
What has historical rental growth been in the sector?
Historical rental growth in the self-storage sector has been approximately 6%–8% annually.
How many units have already been sold?
Approximately 30% of the available units have currently been sold.
What are comparable storage facilities charging nearby?
Comparable market pricing information is available on request and can be provided by our investment team.
Can I view the financial projections?
Yes. Detailed financial projections and investment forecasts are provided in the investment evaluation document and sales pack.
Is there potential for capital growth?
Yes. Store Your World is positioned within a high-growth Somerset West node, where increasing residential and commercial demand, together with limited premium storage supply, supports the potential for long-term capital appreciation. As with any property investment, however, future capital growth is not guaranteed.
Is Store Your World a sectional title development?
Yes. Buyers receive sectional title ownership of their individual storage unit, subject to the applicable sectional title and body corporate rules.
Is VAT included in the purchase price?
Yes. All listed purchase prices include VAT.
What are the transfer and legal costs?
Estimated transfer and bond registration costs are included in the sales pack. Costs vary according to the size and purchase price of the unit.
Are financing options available?
Yes. Financing assistance is available through a commercial broker. Buyers may also apply for finance through their own bank’s commercial property division or commercial broker.
Can foreigners purchase units?
Yes. Foreign buyers may purchase units, subject to applicable South African property ownership regulations and financial compliance requirements.
Can I use my unit myself if needed?
Yes. Owners may use their unit for personal storage, subject to providing the required notice to the facility manager and complying with the applicable facility rules.
Can I resell my unit?
Yes. Units may be resold on the open market, similarly to other sectional title commercial property investments.
Are there any restrictions on resale?
Standard sectional title and body corporate rules will apply to the resale of units.
What insurance is required?
The body corporate will insure the overall building structure. Owners and tenants are responsible for arranging appropriate insurance for their own stored contents.
How long are tenant leases?
Tenant lease periods may vary depending on the tenant and their storage requirements. As an investor, however, your income is not dependent on a single tenant or individual lease, as the development operates on a Shared Rental Model linked to overall facility occupancy.
Who manages Store Your World?
The facility is managed by Sandak-Lewin, with operational management and support services provided at the facility.
What happens if the management company changes?
Your sectional title ownership and the body corporate structure remain in place if the management company changes. A management company can be replaced if required without affecting your ownership rights.
Who is responsible for maintenance?
The body corporate and operational management structure are responsible for the maintenance and upkeep of common areas and the overall facility, in accordance with the applicable sectional title and body corporate arrangements.
What unit sizes are available?
Storage units range from approximately 5 m² to 23.4 m², with a variety of sizes available to suit different storage requirements.
Are the units climate-controlled?
Specialised humidity-controlled wine storage units are planned for Phase 2. Standard storage units are not marketed as climate-controlled units.
Are the units waterproof and ventilated?
Yes. The facility has been designed as a premium, modern storage environment, with secure, weather-protected and ventilated units.
Is there backup power during load shedding?
Yes. Solar-backed infrastructure supports essential security and operational systems, helping to maintain continuity during power interruptions.
How easy is it to access the facility with a vehicle or truck?
The facility has been designed for convenient vehicle access, with dedicated loading bays, internal driveways and guided access routes to make moving goods as easy as possible.
Are there lifts for upper-floor units?
Yes. Upper-level access has been designed to make the movement of goods practical and convenient.
Is parking available?
Yes. Parking is available on site, with smart parking sensors indicating which bays are available.
What security systems are in place?
Store Your World incorporates multi-layered security, including biometric gate access, AI-monitored CCTV, intrusion detection, door-open detection and solar-backed security infrastructure.
Is the facility monitored 24/7?
Yes. AI-monitored CCTV and continuous security monitoring operate 24 hours a day, 7 days a week.
What access control systems are used?
Access is controlled through a combination of biometric systems, app-based access and QR-enabled entry, providing secure and convenient access to the facility.
Do tenants receive individual access codes?
Yes. Tenant access is activated digitally through the app and a unique QR code system.
Is there onsite staff or operational management?
Yes. The facility will have onsite operational management and support services to assist with day-to-day operations and tenant requirements.
How safe is the area around Store Your World?
Store Your World is strategically positioned within the Somerset West growth corridor, close to major transport routes and commercial developments. The development also incorporates extensive security infrastructure and controlled access systems.
Why is Somerset West a good location for self-storage?
Somerset West is one of the Western Cape’s fastest-growing regions, with strong residential and commercial expansion driving increased demand for convenient storage solutions.
What is driving demand for storage in the area?
Demand is being driven by residential growth, apartment living, increased movement of goods, small business expansion and a limited supply of premium storage facilities.
Who is Store Your World designed for?
The facility is designed to meet the needs of households, professionals, small businesses and commercial users requiring secure storage for stock, equipment, documents, seasonal items and personal belongings.
Is the self-storage market growing in the Western Cape?
Yes. South Africa’s self-storage market remains relatively underdeveloped compared with more established global markets, creating significant potential for continued growth.
What makes Store Your World different from other storage facilities?
Store Your World combines technology, automation, premium security and digital convenience to create a modern, fully integrated storage experience.
Why is there potential for long-term growth?
The development is positioned within a high-growth area with increasing residential and commercial demand and limited premium storage supply. These factors support the potential for long-term growth in both rental demand and property value.