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Kennards Self Storage Pursues $8M Expansion of Wollongong, Australia, Facility

Article-Kennards Self Storage Pursues $8M Expansion of Wollongong, Australia, Facility

Kennards Self Storage, which operates more than 85 facilities in Australia and New Zealand, intends to double the storage capacity of its Gipps Street property in Wollongong, Australia. The $8 million project, under review by the city council, would fill most of a 30,000-square-meter parcel between Flinders Street and the South Coast rail line, according to the source.

The plan includes a bridge crossing over Fairy Creek to connect Stafford and Station Streets, which requires an assessment by the Southern Joint Regional Planning Panel, the source reported.

“Whilst this self-storage center itself only employs small staff numbers, it exponentially facilitates numerous commercial enterprises and is a support center to the activity of the city center,” Kennards officials said in their application. “The occupation of the current center has shown a [direct] indication of the high demand for self-storage.”

Kennards is a family-owned business based in Sydney. It opened its first self-storage facility in 1973 in Moorebank, Australia.

Source:
Illawarra Mercury, Kennards Reveals $8M Expansion Plans for Self-Storage Warehouses