eKourier Jan 2021

PROPERTY

SPOTLIGHT ON WATERLOO

Shona Kitchen, Centre Manager and Paul Buckby, Assistant Manager

Above L to R: Chloe Gillam, Zaine Trethewey, Brianna Burns, Eddy Singh, Natalie Pisarev,Sylvia Gouvas, David Summers

K SS Waterloo is the largest storage units and on track to crack ten million dollars in revenue for the first time this year. The centre occupies its own block in Waterloo, Sydney and consists of four multi-storey buildings with the oldest dating back over one hundred years to the formation of Zetland Glass Works. The site remained a Crown Crystal then Crown Corning Glass Factory until production ceased in 1988. In 2000 the site became a Millers Storage facility and transitioned to Kennards in 2004. Our unit mix consists of business and 24hr access, drive ups, lockers, a large wine cellar in the basement and mini warehouses up to 170 square metres in size. Our centre is popular with local businesses due to proximity to the Sydney CBD and the airport. centre in the Kennards portfolio on many measures, with 3,054

The Team consists of Sylvia and Brianna, both with many years’ experi- ence with Kennards and both having worked in a number of centres prior to Waterloo. Natalie and David have both recently passed their three year marks, all at Waterloo and with David the Centre Manager for the last 18 months. Zaine, Eddy and Chloe have all been with the company for between 6-14 months, with Chloe and Zaine having previously worked at Homebush and Moore Park Centres respectively. Some of the main issues we face are maintenance related to the age, size and heavy use of the property (for example we have six elevators to maintain), and a tight supply of on site parking spaces. We recently passed 85% occupancy after strong growth over the last three years. The centre always keeps us on our toes and it is rare to have a dull day. Waterloo Team - Brianna, Chloe, David, Eddy, Natalie, Sylvia and Zaine

Originally located in an industrial neighbourhood, over the past ten years residential apartments, shops and restaurants have replaced the neighbouring factories and warehouses, and the local area is on track to become the most densely populated part of Australia by 2030. Three hundred metres down the road is a Rent A Space facility, and only 900 metres away is our sister centre KSS Moore Park with whom we work closely. We have fantastic street exposure leading to a high proportion of walk-in customers, merchandise sales often exceeding 30K a month, and heavy use of the ParcelPoint service and the GoGet van. The Waterloo centre has seven full time Team Members who also take turns looking after a dedicated Concierge Office for deliveries.

18 Kennards Kourier Jan 2021