Project Description
StoreLocal Campbellfield
1551-1553 Sydney Road CAMPBELLFIELD VIC 3061
About StoreLocal Campbellfield
- 1551-1553 Sydney Road CAMPBELLFIELD VIC 3061
- Purchased in October 2015
- Managed by StoreLocal
- Mixed offer of RV storage (open), office and warehouse areas (open)
- Conversion of an existing industrial warehouse into part light industry leased areas, self storage, large display yard and RV storage
- Located in Campbellfield
StoreLocal Campbellfield is situated on two hectares of prime industrial land with >120 metres of frontage to the major arterial Sydney Road, some 15 kilometres north of the CBD. The facility benefits from multiple income sources of self storage, industrial, and retail, and forecourt areas. The property has the potential for further expansion upside and longer-term redevelopment opportunities.
Following settlement, StoreInvest completed a two-stage self storage conversion with nationwide management platform StoreLocal, leased industrial and retail areas, and undertook a wider refurbishment program. This has resulted in strong income flows and value uplift.
In 2018, StoreLocal Campbellfield opened Australia’s first Muslim Prayer Room within a self storage facility. This is an exciting initiative which further connects the store with the local community.