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Self Storage KVSI
51 Raleigh Street, Maribyrnong 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 Maribyrnong formed part of the original 24 sites. 

Location

Located at 51 Raleigh Street, Maribyrnong, VIC

Further information: www.kss.com.au

 

Key Information

  • Ownership 25%
  • Acquisition 3/11/2004
  • Purchase Price ($,000) 4,075
  • Book Value ($,000) 4,300 (at 31/12/07)
  • Independant Valuation Date 1/3/2007
  • Independant Valuation ($,000) 3,800
  • Independant Valuer Blackwell Consulting
  • Valuation Cap Rate 8.75%
  • Net Lettable Area Other: 6,944 sqm
  • Occupancy as at 31/12/2007 74%
  • No. Of Tenants 431
  • Age of Building 2003