KSS Information Memorandum 2021

Asset Valuation 2017 - 2020 Kennards Property Portfolio Valuations KENNARDS SELF STORAGE 2017 - 2020 PORTFOLIO VALUATIONS

Date of last valuation Location Grading

Facility Name

Address

Amount

Valuer

Comments

Abbotsford1

324 - 328 Hoddle Street, Abbotsford

$34,500,000 Urbis Valuation Pty Ltd 30-Jun-18 VIC $11,500,000 Urbis Valuation Pty Ltd 30-Jun-19 SA $40,800,000 Urbis Valuation Pty Ltd 30-Jun-20 SA $29,550,000 Urbis Valuation Pty Ltd 30-Jun-18 NSW $27,200,000 Urbis Valuation Pty Ltd 30-Jun-19 NSW $16,650,000 Urbis Valuation Pty Ltd 30-Jun-20 NSW $61,200,000 Urbis Valuation Pty Ltd 30-Jun-20 NSW $12,300,000 Urbis Valuation Pty Ltd 30-Jun-20 QLD $23,800,000 Colliers International 30-Jun-19 NSW

Adelaide Airport Adelaide CBD

2 Fred Custance Street, SA 237 Grote Street Adelaide

A Land leased from Cwth

Development Site

Artarmon

452 - 458 Pacific Highway, Artarmon

Auburn

5 Percy Street, Auburn 2 Gibson Avenue, Padstow

A A B A B

Bankstown

Belmont

403 Pacific Highway & 26 Bluebell Street, Belmont 25 - 29 Winbourne Road, Brookvale 3447 Mt Lindesay Highway, Browns Plains 6 Newcastle Street, Burleigh Junction

Brookvale

Browns Plains

Burleigh Junction Campbelltown Campbelltown1

$21,500,000 Colliers International

30-Jun-18 QLD

159 Airds Road, Campbelltown 48 Blaxland Road, Campbelltown 1 - 19 Booth Street, Camperdown 5 Packard Avenue, Castle Hill 1 - 7 Mann Street, Chatswood 721 Webster Road, Chermside

$19,900,000 Urbis Valuation Pty Ltd 30-Jun-20 NSW

B

$16,500,000 Colliers International

30-Jun-18 NSW

Camperdown

$90,400,000 Urbis Valuation Pty Ltd 30-Jun-18 NSW $44,150,000 Urbis Valuation Pty Ltd 30-Jun-19 NSW $38,600,000 Urbis Valuation Pty Ltd 30-Jun-20 NSW

Castle Hill Chatswood Chermside

A A A

$11,900,000 Colliers International

30-Jun-19 QLD

Chullora

2c Hume Highway, Chullora 21 Turbo Drive, Coorparoo

$20,450,000 Urbis Valuation Pty Ltd 30-Jun-18 NSW

Coorparoo

$29,000,000 Urbis Valuation Pty Ltd 30-Jun-20 QLD Premium

Cranbourne West

1-3 Whitfield Boulevard, Cranbourne West

Urbis Valuation Pty Ltd 30-Jun-20 VIC

Development Site

$6,700,000

Flemington

159 Racecourse Road, Flemington

$23,400,000 Urbis Valuation Pty Ltd 30-Jun-20 VIC

A B A

Fortitude Valley Frenchs Forest

Cnr Ann Street & Longland Street, Fortitude Valley 9a Rodborough Road, Frenchs Forest 497 Victoria Road, Gladesville 169-177 Hume St, Goulburn 565 Woodville Road, Guildford 453 Auburn Road, Hawthorn 2 Parramatta Road, Homebush 105 Pacific Highway, Hornsby 2 Lyn Parade, Hoxton Park 1317 North Road, Huntingdale 58 Upper Heidelberg Road, Ivanhoe 21 - 31 Commercial Road, Kingsgrove 86 - 88 Bath Road, Kirrawee 538 Maroochydore Road, QLD 7 Khartoum Road, Macquarie Park 151 Raleigh Road, Maribyrnong 64 Chapel Street, Marrickville 16 - 20 Black Street, Milton 169 Port Hacking Road, Miranda 245 Old Hume Highway, Mittagong 4 By The Sea Road, Mona Vale 813 - 851 South Dowling Street, Moore Park 121 Sugar Road, QLD

$12,300,000 Colliers International

30-Jun-19 QLD

$18,700,000 Urbis Valuation Pty Ltd 30-Jun-19 NSW

Gladesville Goulburn Guildford Hawthorn Homebush

$32,500,000 Urbis Valuation Pty Ltd 30-Jun-19 NSW Premium

NSW

Development Site (at Cost)

$1,950,000

$18,800,000 Colliers International

B

30-Jun-19 NSW

$33,800,000 Urbis Valuation Pty Ltd 30-Jun-20 VIC $24,300,000 Urbis Valuation Pty Ltd 30-Jun-18 NSW $19,650,000 Urbis Valuation Pty Ltd 30-Jun-18 NSW $34,100,000 Urbis Valuation Pty Ltd 30-Jun-20 VIC $14,300,000 Urbis Valuation Pty Ltd 30-Jun-20 VIC $22,900,000 Urbis Valuation Pty Ltd 30-Jun-19 NSW $7,650,000 Urbis Valuation Pty Ltd 30-Jun-19 NSW

Premium

Hornsby

Hoxton Park Huntingdale

A A A A

Leasehold

Ivanhoe

Kingsgrove

Kirrawee

$21,100,000 Colliers International

30-Jun-18 NSW 30-Jun-20 QLD 30-Jun-20 NSW

Kunda Park

Colliers International

B A

$5,900,000

Macquarie Park Maribyrnong Maroochydore

$37,300,000 Colliers International

$20,900,000 Urbis Valuation Pty Ltd 30-Jun-18 VIC

$11,600,000 Colliers International $12,100,000 Colliers International

B B A A B

30-Jun-20 QLD 30-Jun-19 NSW

Marrickville

Milton

$25,600,000 Urbis Valuation Pty Ltd 30-Jun-20 QLD $24,500,000 Urbis Valuation Pty Ltd 30-Jun-19 NSW $12,900,000 Urbis Valuation Pty Ltd 30-Jun-19 NSW $17,550,000 Urbis Valuation Pty Ltd 30-Jun-18 NSW

Miranda

Mittagong

Mona Vale1 Moore Park Moorebank

$54,000,000 Urbis Valuation Pty Ltd 30-Jun-19 NSW Premium

62/3 Kelso Crescent, Moorebank

Urbis Valuation Pty Ltd 30-Jun-20 NSW

Development Site

$2,630,000

Murarrie

801, Lytton Rd, Murrarie

$20,200,000 Urbis Valuation Pty Ltd 30-Jun-20 QLD

A A A A

Newcastle West

904 Hunter Street, Newcastle & Throsby Street Annex

$12,300,000 Colliers International

30-Jun-19 NSW

Newstead

137 Breakfast Creek Road, Newstead

$23,800,000 Urbis Valuation Pty Ltd 30-Jun-20 QLD

North Lakes

8 Wills Street

$10,200,000 Colliers International

30-Jun-20 QLD

North Melbourne

151 Capel Street, North Melbourne

$14,350,000 Urbis Valuation Pty Ltd 30-Jun-18 VIC

Pakenham Parramatta

4 Peet Street, Pakenham

VIC

Development Site (at Cost)

$1,500,000

105 Wigram Street, Parramatta

$19,450,000 Urbis Valuation Pty Ltd 30-Jun-18 NSW

Penrith

2215 - 2227 Castlereagh Road, Penrith 606 Parramatta Road, Petersham 138 Salmon Street, Port Melbourne

$40,700,000 Colliers International $30,900,000 Colliers International

A B

30-Jun-20 NSW 30-Jun-20 NSW

Petersham

Port Melbourne

$36,150,000 Urbis Valuation Pty Ltd 30-Jun-18 VIC

Preston Pymble

181 Bell Street, Preston 1 Suakin Street, Pymble

$24,800,000 Colliers International

A

30-Jun-19 VIC

$21,250,000 Urbis Valuation Pty Ltd 30-Jun-18 NSW

Sandgate Thornleigh Truganina

29 Ayrshire Crescent, Sandgate 6 - 8 Phyllis Avenue, Thornleigh 320 Leakes Road, Truganina 444 Jones Street, Ultimo 492 Jones Street, Ultimo 654 Mitcham Road, Vermont 20 Northlink Place, Virginia

Urbis Valuation Pty Ltd 30-Jun-19 NSW

B A A A A

$9,100,000

$22,900,000 Urbis Valuation Pty Ltd 30-Jun-19 NSW $22,250,000 Urbis Valuation Pty Ltd 30-Jun-20 VIC $37,100,000 Urbis Valuation Pty Ltd 30-Jun-20 NSW $26,150,000 Urbis Valuation Pty Ltd 30-Jun-20 NSW $20,150,000 Urbis Valuation Pty Ltd 30-Jun-18 VIC

Ultimo1 Ultimo2 Vermont Virginia Warana

$14,500,000 Colliers International

30-Jun-18 QLD 30-Jun-20 QLD

51 Premier Circuit, QLD

Colliers International

B

$9,300,000

Warrawong Warriewood

249 Shellharbour Road, Warrawong 92 Mona Vale Road, Warriewood

$13,050,000 Urbis Valuation Pty Ltd 30-Jun-18 NSW $38,500,000 Urbis Valuation Pty Ltd 30-Jun-20 NSW

B

Waterloo

866 Bourke Street, Waterloo

$140,450,000 Urbis Valuation Pty Ltd 30-Jun-20 NSW Premium

Wentworthville

409 Great Western Highway, Wentworthville

$22,150,000 Urbis Valuation Pty Ltd 30-Jun-18 NSW

West End

52 Banks Street, West End

$24,900,000 Colliers International

30-Jun-18 QLD

Wetherill Park Wollongong

2 Cowpasture Road, Wetherill Park 98 - 104 Gipps Street, Wollongong

$27,450,000 Urbis Valuation Pty Ltd 30-Jun-19 NSW $25,200,000 Urbis Valuation Pty Ltd 30-Jun-19 NSW

A A

Yarrabilba

21 Mill Street, Yarrabilba

QLD

Development Site (at Cost)

$3,025,000

Total Kennards Group AU

$1,778,805,000

Hastings

101a Southhampton Street East, Hastings (Hawkes Bay)

Urbis Valuation Pty Ltd 30-Jun-19 NZ

B

$9,550,000 $3,020,000

Hastings 2

816 & 820 Omahu Road, Hastings 3 Porters Ave, Mt Eden (Auckland)

NZ

Development Site (at Cost)

Mt Eden

$23,350,000 Urbis Valuation Pty Ltd 30-Jun-18 NZ $10,550,000 Urbis Valuation Pty Ltd 30-Jun-19 NZ $11,750,000 Urbis Valuation Pty Ltd 30-Jun-19 NZ $11,850,000 Urbis Valuation Pty Ltd 30-Jun-18 NZ $21,900,000 Urbis Valuation Pty Ltd 30-Jun-18 NZ $8,500,000 Urbis Valuation Pty Ltd 30-Jun-19 NZ

Napier

156 Wellesley Road, Napier (Hawkes Bay) 8 Waitane Place, Onekawa (Hawkes Bay) 19 Jasper Place, Palmerston North (Manawatu) 7 Brook Street, Tauranga (Bay of Plenty) 30 Hunters Park Drive, Three Kings (Auckland)

B B B

Onekawa

Palmerston North

Tauranga

Three Kings Wairau Valley

125-127 Wairau Road, Wairau Valley

Urbis Valuation Pty Ltd 30-Jun-17 NZ

Completion Jun 21

$3,700,000

Wellington

19 Hutt Road, Wellington

$25,350,000 Urbis Valuation Pty Ltd 30-Jun-19 NZ

A

Total KVSI NZ (NZD)

$129,520,000

Note: Grading of self storage properties commenced in 2019. Note: Grading of Self Storage Properties commenced in 2019

41