eKourier Jan 2020

FEATURE

BACK TO OUR ROOTS New Development Site Acquired in Mooorebank

“Kennards Three Kings has given me superb service over the last two months, from time of first inquiry to exit and refunding of the unused storage time. The prices were very competi- tive. The units are clean and have easy access even on the upper floors. Nothing went missing. Katie, Mark and the rest of the Team I dealt with were extremely friendly and informative when I was ringing around comparing prices and service and remained so. They fielded my complicated inquiry very patiently, allowed me the possibility of switching to a smaller unit on the day if needed (I think this might have been an exceptional circumstance), and fitted in flexibly with my slightly uncertain start date. needed, giving good estimates of how much a home my size would require but without being pushy, and they honoured the Kennards commitment to buy the unused boxes back. I noticed they stayed open beyond the official closing time on at least two occasions I was there, helping customers. They gave handy tips about selling surplus stuff on TradeMe. Kennards staff sold me all the boxes and moving supplies I

In October, we acquired a parcel of land in the Sydney suburb of Moorebank. Many of you will know that KSS can trace our origins to this Western Sydney suburb. It was in the rear of the Kennards Hire centre in Moorebank that we built out first storage centre.

T his was where the entrepreneurial and pioneering leap was made by my dad in 1973. He used this small surplus parcel to develop the first storage in Australia after seeing storage during a trip to the USA. KSS relinquished operational manage- ment and oversight of that storage centre in 1991, when the ownership and operations of KSS and Kennards Hire were commercially separated. The original storage centre has also actually continued being operated by Kennards Hire until very recently. I noticed in recent travels in the area that Kennards Hire Moorebank have finally demolished the storage units and now use the area for further hard stand equipment storage. This was long overdue as the buildings had become very rundown. For some years, we have been particu- larly interested in this pocket and putting a centre on the western edge of the Liverpool CBD. So, after a number of attempts to acquire a property in the area, we have now done it.

It was acquired at an on site auction for $2.4 million. The property is 3,500 square metres and located at 3 Kelso Cresent. It enjoys exposure to Newbridge Road and is two kilometres from Liverpool. Liverpool is nominated as one of the commercial centres for growth in Western Sydney. There will be an ongoing increase in density and population in and around Liverpool. Our new Moorebank location will be the closest latest generation storage product. It is also located neatly in between our Hoxton Park centre and Bankstown centre. We will soon be submitting an applica- tion to Liverpool City Council to develop a 5 level Big Box storage building with all the usual KSS bells and whistles. The scheme will be approximately 8,000 sq metres of NLA. We would anticipate opening in early 2021. Sam Kennard Chief Executive Officer

Unconditional recommendation, crowns for Three Kings!”

7 Kennards Kourier Jan 2020