Self Storage KVSI
169 Port Hacking Road, Miranda NSW, Australia
Description
In 2004, Valad Property Group teamed up with Kennards Self Storage to acquire 24 storage centres. This property at Miranda is one of twelve additional sites that have since been acquired for development.
Key Information
- Ownership 25%
- Acquisition 28/08/2006
- Purchase Price ($,000) 4,618
- Book Value ($,000) 6,700 (at 31/12/07)
- Independant Valuation Date 1/3/2007
- Independant Valuation ($,000) 4,500
- Independant Valuer Blackwell Consulting
- Valuation Cap Rate 8.00%
- Age of Building 2007