Storage King North Albury

Storage King, North Albury is the premier self storage facility within the state border City of Albury-Wodonga. With construction completing in mid 2023, the Facility opened its doors and began leasing up in July. Physical occupancy is near-stabilised and Management now turn their attention toward economic stabilisation and are progressing strongly.

With 4,109m² of net lettable area across 309 units, the Facility offers a mix of ground-level drive up units and internal walk-in units, presenting customers with convenient, sheltered access. The Facility offers:

• Main road frontage with strong exposure to passing traffic
• Full bitumen seal hardstand
• Secure and safe with individually alarmed units
• Automated gate and secure fencing
• Dual street access with full drive-around capability

Built with a concrete tilt-up façade, the Facility draws attention when travelling along Wagga Road, which funnels local residents, and interstate visitors alike, to and from the Hume Highway. Storage King, North Albury represents an opportunity to acquire an institutionally branded asset in a strong regional City with unparalleled exposure.

INVESTMENT HIGHLIGHTS

• Near-stabilised Physical Occupancy supported by robust drive up unit demand
• Developed by self storage experts and constructed by industry specialists
• Highest quality facility in the catchment coupled with institutional brand recognition – compared to functionally obsolete competition
• Newly constructed with long-term remaining useful life and depreciation benefits