eKourier July 2017

FEATURES

Building infrastructure (with an existing building) Many older buildings don’t have the necessary infrastructure to support the high-tech needs of contemporary operations and storage floor loads. The appointment of an independent engineer to report on these aspects and also whether a building has adequate electrical, air conditioning and telecom- munications services, to meet present and future needs is conducted to ensure an objective evaluation. Finding out more about the area with any future or planned development or Zoning changes which may affect future site development. Utilities and other costs. Rent, Land taxes, building maintenance, labour and electricity costs compose the major portion of any new property’s ongoing facility expenses. Therefore, developing a feasibility study which considers all these operating expenses is completed prior to any site purchase. Currently Australia and New Zealand’s largest domestic and business growth corridor opportunities evolve around central locations. Expanding residential corridor areas such as South Morang, Werribee, Craigieburn and Truganina in Melbourne; North Lakes and Mango Hill in Brisbane; Waterloo, Beacons- ville, Cobbitty and Leppington in Sydney; Central Wellington, Auckland and Hobsonville in NZ and the Perth suburbs of Baldivis and Forrestdale. These regions are classic examples of popula- tion growth and future development. Ironically, KSS is developing new and existing storage facilities in these regions. ‘ ‘

Find out about other businesses in the area. Other local businesses that might complement your storage business such as local pharmaceutical companies, shopping complexes and schools. Research Competitors. Finding out where competitors are located in proximity to a prospective property and the type of premises and services they provide, i.e. 24 hour PIN access is considered but not paramount to any purchase. However, completing a CPA is practical given achieving yields and growth for a new centre assists with new growth in the early years of operation. Contact local Councils. Finding out more about the area with any future or planned development or Zoning changes which may affect future site development. Yields, Council Rates and business activity in the region is helpful in deciding on a property. Consider the current and future needs of your business. Ensuring we have a projected up-to- date marketing plan and that any chosen location is in line with Kennards business goals and objectives. Before ‘shopping’ for property in any given location, have a clear picture of future expansion possibilities, it’s essential to give this the attention it deserves. While many ‘startup’ mistakes can be corrected later, a poor choice of location is sometimes impossible to repair. Image and history of the site. What does this address say about Kennards? Particularly if we’re targeting a local market, we need to ensure any location accurately reflects the image we want to project. It’s always a good idea to check out the history of any prospective storage site. Considering how it’s evolved over the years, asking about previous tenants or if several types of businesses have been in the area and failed. Ordinances. Finding out if any ordinances or Zoning restrictions could affect the business in any way. Height restriction, land use or neighbouring property may highlight encumbrances, easements etc.

“Very good. Helpful seamless and welcoming at Artarmon - took half the time I anticipated. Took up free offer to use Kennard trailer - very much appreciated. Experience for this move was great.” “Great service by all at Kennards Brookvale, from the time I turned up looking for storage the whole process was so easy and clear to me. The Brookvale location is brilliant as only five mins from my house and the back entrance is so easy to use and get easy access, I could not have been more impressed with the Kennards site. Also I love the fact that you don’t have to lock into time contracts as with storage you don’t really know how long you need to have it, also getting $ back when I moved out just again confirms that Kennards are a great company to work with.” “Delightful service from all the staff at Chatswood. Facilities are great. I have been storing now with Kennards for the past 10 years and will continue to do so when required. I have recommended Kennards to my friends who continue to store with you.” “Secure, clean, easy access, available 24/7. Wide roller door instead of a swinging door. Free use of trailer for one day was perfect. Amenities, toilets, coffee, meeting room was exceptional and was over and above the level of service I expected. Thanks Ivanhoe.” “Open everyday. Close to home. Awesome storage locker. Moving trolleys available. Safe and secure. Awesome phone and in person customer service team. So cheap. Excellent experience.” Customer Feedback “Adrian, Sam and Anthony at Marrick- ville were just FANTASTIC. I was highly impressed with their kind helpful ways. Nothing was too much to ask.” “Very good. All of the staff from the customer service through to the staff at the new premises on Saturday at Murarrie and today have been very professional.”

So what’s in a location – Kennards of course!

Wayne Birch Operations Manager VIC

9 Kennards Kourier July 2017