eKourier Oct 2017

PROPERTY

PROPERTY

Spotlight on Chatswood

Warrawong, The Next Big Beacon To Open

Warrawong NSW

Warrawong NSW - Civil works 90% complete The overall civil works are 90% with Building A and B enclosed and fitout well underway. Laying of the new driveways has started. Due to open this month. Petersham NSW - Installation of new lift underway The Team have moved into the new Building 3. We’ve now turned our attention to installing the new lift attached to the outside of the existing 6 level building. Chullora NSW - Internal fitout underway The major stormwater channel works are 90%. The new 4 storey building has all floors built, now for the external cladding and internal fitout. The office is locked up with joinery and ceiling to be installed over the coming weeks. Camperdown NSW - Fitout 75% complete All major structural work is completed and fitout is 75% complete.

Croydon Park S.A - Unit fitout to begin soon The new roof and gutters are installed. The self storage fitout will closely follow behind the internal clean-up of the floors and painting over the old walls. Adelaide Airport SA - Negotiating with Builder The Lease is now sorted and signed and we are completing negotiations with the preferred builder. Castle Hill NSW - Main works continue Some minor works is underway by Total Construction in preparation to move the box shop to its temporary location whilst the main works continue. For regular updates follow Michael on Yammer and Twitter. Michael Macheledt & Craig Henery Development & Construction Team

K ennards Self Storage Chatswood is located on the corner of Gibbes and Mann St. It’s only a short drive from Chatswood Westfield, Railway Station and Concourse. Chatswood is a purpose built storage facility. It was previously a large Tip Top Bakery until mid-2000 when it was acquired by Kennards. Although being based in a light industrial area, having the landmark as the old Tip Top Bakery enables customers to locate us with ease. The Chatswood centre has four separate buildings which all join through walkways. Since opening in 2009 with 436 units covering 5,208 square metres, the final construction stage was completed in 2014. Chatswood now has 909 units with 8,266 square metres. Chatswood has a state of the art Wine Cellar with 91 cellars. It has recently undergone some lighting and appear- ance upgrades. Occupancy in the wine

cellar has been above 90% for almost 12 months. A competitor (Wine-Ark) is situated less than 500 metres away. Our points of differentiation are ease of access, security features and option to upsize or

dise sales up 23% year to date.

downsize at any time. It’s an exciting time with us looking at potential ways to expand our Wine Cellar. There are three other storage companies in close proximity to us. The rear of our facility shares the same wall as Storage King. Cheapa Self Storage and recently opened Rent-A-Space are only a three minute walk. Chatswood has achieved solid income growth the last few financial years, ranging from 5 -10%. This current financial year has started positively. Merchandise sales are our biggest area of opportunity. We recently became part of the Online Box Shop Program. It’s had an immediate effect, with our merchan-

Damian Reilly is the Assistant Manager (pictured above RHS) who has only been with KSS for three months. I have been the Centre Manager for close to three years, previously Managing Artarmon and a TSM and Assistant Manager at several centres. Our biggest challenge is trying to find continual storage solutions for our commercial customers. We have seen numerous start-up businesses move in with one unit. Over time we assist them with their business growth, with quite a few having 3-5 driveway units, with 50-120 square metres in total. Eric Conliffe Kennards Self Storage Chatswood NSW

Chullora NSW

17 Kennards Kourier October 2017

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Kennards Kourier October 2017