Kennards Self Storage
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Kennards Self Storage is an Australian
self storage Self storage (a shorthand for "self-service storage," and also known as "device storage") is an industry that rents storage space (such as rooms, lockers, containers, and/or outdoor space), also known as "storage units," to tenants, usually on ...
company.


History

In 1973,
Kennards Hire Kennards Hire is an Australian equipment hire company. History In 1948 Walter Kennard founded W Kennard Agencies in Bathurst selling equipment and machinery and becoming an agent for Caltex. Hillman, Humber and Lightburn, In 1951 the Kennard ...
established Australia's first
self storage Self storage (a shorthand for "self-service storage," and also known as "device storage") is an industry that rents storage space (such as rooms, lockers, containers, and/or outdoor space), also known as "storage units," to tenants, usually on ...
facility at the rear of its
Moorebank Moorebank is a suburb of Sydney, in the state of New South Wales, Australia. Moorebank is located 27 kilometres south-west of the Sydney central business district in the local government area of the City of Liverpool. Moorebank features a mix ...
,
Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ...
branch. Initially branded as Kennards Mini Storage it was renamed Easi-Stor in 1979.How Sam Kennard built a $2.6b empire
''
Australian Financial Review ''The Australian Financial Review'' (abbreviated to the ''AFR'') is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New Sou ...
'' 17 December 2023
Brief History
Kennards Self Storage
In 1981 a derelict wool store building in
Fortitude Valley Fortitude Valley (often called "The Valley" by local residents) is an inner suburb of the City of Brisbane, the state capital of Queensland, Australia. In the , Fortitude Valley had a population of 9,708 people. The suburb features two pedestri ...
,
Brisbane Brisbane ( ) is the capital and most populous city of the states and territories of Australia, Australian state of Queensland, and the list of cities in Australia by population, third-most populous city in Australia and Oceania, with a populati ...
was purchased and redeveloped as
Queensland ) , nickname = Sunshine State , image_map = Queensland in Australia.svg , map_caption = Location of Queensland in Australia , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , established_ ...
’s first self storage centre. Nine further properties were subsequently purchased in Sydney,
Newcastle Newcastle usually refers to: *Newcastle upon Tyne, a city and metropolitan borough in Tyne and Wear, England *Newcastle-under-Lyme, a town in Staffordshire, England *Newcastle, New South Wales, a metropolitan area in Australia, named after Newcastle ...
and
Brisbane Brisbane ( ) is the capital and most populous city of the states and territories of Australia, Australian state of Queensland, and the list of cities in Australia by population, third-most populous city in Australia and Oceania, with a populati ...
during the 1980s. In 1991, the Kennard family, decided to split the business, with Neville Kennard taking the self storage business. At the same time it was renamed Kennards Self Storage. A further 14 storage centres opened in the 1990s including the first in
Victoria Victoria most commonly refers to: * Victoria (Australia), a state of the Commonwealth of Australia * Victoria, British Columbia, provincial capital of British Columbia, Canada * Victoria (mythology), Roman goddess of Victory * Victoria, Seychelle ...
. In the early the first of 15
wine Wine is an alcoholic drink typically made from fermented grapes. Yeast consumes the sugar in the grapes and converts it to ethanol and carbon dioxide, releasing heat in the process. Different varieties of grapes and strains of yeasts are m ...
storage locations opened. In a 50:60
joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...
with Valad Property Group, in 2004 24 self storage properties were purchased from Millers Self Storage. In 2007 eight facilities were purchased in New Zealand. In November 2010, Kennards bought out Valad Property Group shareholding in the joint venture.Kennards Complete Buy-Out of Joint Venture
Kennards Self Store 22 November 2010
By 2023 101 facilities were operated.


References

{{Reflist Companies based in Sydney Storage companies 1973 establishments in Australia