eKourier Jan 2009

Personal Sovereignty, Freedom and Responsibility Essay Competition. The Kennard Family is an Australian family in business who cherish and encourage personal freedom and responsibility. To discover and promote and widely disseminate ideas and philosophies on what it means to be free and responsible, the Kennard Freedom Prize for essays on this ambiguous-to-some and frequently- threatened state for which individuals have historically strived is being held. About the Essay Competition: Of not more than 2,000 words, exploring and explaining “The Link Between Property-Rights and Personal Freedom.” Entries are open to Australian residents and citizens born after 1981. The Property and Freedom Competition - First Prize for this is an all-expenses-paid trip to the Property and Freedom Conference (www.propertyandfreedom.org) in Bodrum, Turkey, May 21 - 25, 2009. Closing date for this is February 15, 2009. The Freedomfest Competition - First Prize for this is an all-expenses-paid trip to Freedomfest (www.freedomfest.com) in Las Vegas, Nevada, July 9 – 11, 2009. Closing date is March 31, 2009. There are two Essay Competitions:

For more information go to www.kennardfreedomprize.org.au.

- Nev Kennard

Spotlight on...Mona Vale History of storage, with a massive undercover loading dock, large goods lift & units

the slowing of the economy affecting consumer spending we have noticed a slight decline. However with focus on local marketing incentives we are bouncing back rapidly. As consumer confidence is restored through lower petrol prices & interest rates we will no doubt see the flow on affect to our occupancy putting us in a good position to drive up our yields.

Since 1989 the site has been used as a storage facility. Formerly Millers Self Storage, it was acquired by Kennards & Valad property group in 2004. It is now 100% proudly owned by Kennards Self Storage. Site Features The centre consists of 430 units, with a current occupancy of 86% & growing. We are currently yielding $32.90psm. Our prime position on Barrenjoey Road, consisting of six high traffic lanes is a great source of branding. The area where we are located is situated at the convergence of routes North to Newport, Avalon and Palm Beach & West to Bayview and Church Point. The centre received a Kennards face lift in 2006, its bright KSS colours blend in perfectly with our neighbours Office works. Access is from “By The Sea Road” & no, unfortunately there are no water views. We have three levels

ranging in height from 2.9m up to 4.0m. Over the years we have had the pleasure of a number of famous clients store with us, ranging from famous Authors, well-known Actors & Musicians, Olympic Champions, Surfers, & high profile Fashion Designers, to name but a few. The Team Our management team consist of Stephan Wandl, Manager and Brad Hampson, Assistant Manager. Both staff have worked at KSS Mona Vale since 2004 & over the years we have seen the benefit of many repeat clients. The saying “You haven’t made a sale until the customer returns” is part of our mind set. Challenges For years now our occupancy has been very consistent in the high 80%’s, along with strong yield growth. With

Stephan Wandl (left) and Brad Hampson

- Steph & Brad

10

Kennards Kourier February 2009