Title: Turning Dirt Into Dollars: The $1.15M Truck Depot With $550K Uplift
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Title: Turning Dirt Into Dollars: The $1.15M Truck Depot With $550K Uplift
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https://andrewwrightproperty.com.au/Turning Dirt Into Dollars: The $1.15M Truck Depot With $550K Uplift
In a market where residential yields are squeezed and maintenance costs keep rising, Andrew Wright is building wealth with a very different strategy: Industrial Outdoor Storage (IOS).
In this episode, Andrew breaks down four real-world IOS deals, including one site he bought for $550K below land value, and explains how he's using this overlooked commercial asset class to generate double-digit returns with minimal overheads.
From zoning traps and development approvals to financing empty land and exit strategies, this is a complete walkthrough of how to turn underutilised dirt into serious commercial cash flow.
In this episode:
- What IOS actually is, and why demand is surging across Australia
- How Andrew bought 6 IOS sites in 12 months, including deals at $27/sqm
- The 3 grades of IOS (A, B, C), and how to match each with your investment goals
- Why banks won’t finance vacant land and how Andrew used private capital instead
- The real upside: long leases, low maintenance, and capital growth without buildings
📍 Build your strategy, not just your portfolio
🔗 Connect with Andrew