Two cash-flow-positive, already rented garage spaces in Turku’s Kakola – in a building completed in 2022!, Turku

Now offered to investors: a set of two garage spaces:
Two cash-flow-positive, already rented garage spaces in one of Turku city centre’s most sought-after locations – Kakola!

Right next door are, for example, Turku’s famous funicular, the Aura riverside and the original old Kakola prison buildings, which have since been renovated for residential and hotel use among others. Kakola is therefore one of the most desirable and valued central locations in the city.

The garage spaces are in a modern building completed in 2022. They are already rented, so the buyer receives rental income immediately, and due to the location they have excellent capital appreciation potential. The ratio of apartments to garage spaces in the housing company also supports both appreciation potential and lettability.

The garage spaces are located at Tiililinnankatu 6, 20100 Turku. The garage can also be accessed directly from the stairways of adjacent buildings (Tiililinnankatu 2, 4 and 8) – and if desired, from outside. The large roll-up door opens easily by phone, so entry is smooth and effortless.


🅿️🚗 Garage space 119:

- Rent: €95/month
- Service charge: €30/month (from 1 July 2026 €27/month)
- Capital charge: €46.55/month
The tenant has paid rent on time. The tenancy is ongoing (started 1 September 2025).

🅿️🚗 Garage space 122:

- Rent: €95/month
- Service charge: €30/month (from 1 July 2026 €27/month)
- Capital charge: €46.55/month
The tenant has paid rent on time. The tenancy is ongoing (started 1 August 2025).


🏠 Housing company:

Asunto Oy Turun Kakolan Keidas II was completed in 2022 and comprises 70 apartments, 47 garage spaces and one separate storage unit. The garage spaces are subject to a right of first refusal as stated in the articles of association. See the manager’s certificate and the articles of association for details.


❓ Why this asset:

- Already rented to solid tenants
- Excellent cash flow thanks to low charges
- Strong rental demand – access to the garage from several buildings’ stairways and also from outside
- Very limited parking in the Kakola area, giving strong appreciation potential
- Nearly new, well-maintained and modern housing company


🌆 Turku as a city:

Turku is one of Finland’s most dynamically developing cities, where strong population growth, a diverse economy and ongoing urban development projects create excellent conditions for property investment. The city attracts students, young professionals and families, maintaining stable rental demand year-round. Turku’s appeal is reinforced by its university concentration, maritime environment and extensive transport connections both to the Helsinki region and elsewhere in Finland. Turku is a safe and growing market for investors with strong long-term appreciation potential.


📍 Kakola as a micro-location:

Kakola is one of Turku’s most desirable micro-locations and one of the fastest appreciating. The historic and architecturally unique area has recently transformed into a modern, high-quality residential and service hub combining urban city life, quality restaurants and cafés with a calm, green environment. The funicular provides a direct and effortless connection to the city centre, increasing its attractiveness to tenants. Due to strong demand, limited supply and ongoing development, Kakola is an exceptionally interesting investment target – including for parking spaces.


Bid on these garage spaces for investment from a prime location, or consider them for personal use – e.g. city storage for hobby vehicles!

📩 Ask for more information or request documents.

Kristian Salonen, KSIO OY
kristian@kristiansalonen.fi