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Self Storage VPT
324-328 Hoddle Street, Abbotsford VIC, Australia
Description
In 2004, Valad Property Group teamed up with Kennards Self Storage to acquire 24 storage centres. This property in Abbotsford formed part of the original 24 sites.
Key Information
- Ownership25%
- Acquisition3/11/2004
- Purchase Price ($,000)5,306
- Book Value ($,000)4,900 (at 31/12/07)
- Independant Valuation Date1/3/2007
- Independant Valuation ($,000)5,550
- Independant ValuerBlackwell Consulting
- Valuation Cap Rate8.75%
- Occupancy as at 31/12/200788%
- No. Of Tenants614
- Age of Building2001