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Self Storage KVSI
159 Racecourse Road, Flemington VIC, Australia
Kennards Self Storage

Description

In 2004, Valad Property Group teamed up with Kennards Self Storage to acquire 24 storage centres.  This property in Flemington formed part of the original 24 sites. 

Location

Located at 159 Racecourse Road, Flemington, VIC

Further information: www.kss.com.au

 

 

Key Information

  • Ownership 25%
  • Acquisition 3/11/2004
  • Purchase Price ($,000) 2,692
  • Book Value ($,000) 3,400 (at 31/12/07)
  • Independant Valuation Date 1/3/2007
  • Independant Valuation ($,000) 3,700
  • Independant Valuer Blackwell Consulting
  • Valuation Cap Rate 8.75%
  • Net Lettable Area Other: 4,577 sqm
  • Occupancy as at 31/12/2007 75%
  • No. Of Tenants 432