Project Description
StoreLocal Hallam
52 Hallam South Road HALLAM VIC 3803
About StoreLocal Hallam
- 52 Hallam South Road HALLAM VIC 3803
- Purchased in April 2015
- Managed by StoreLocal
- Comprises of RV storage and light industry warehouses
- Located in the South-East Melbourne growth corridor with high exposure to local arterial road. Operated in conjunction with StoreLocal Narre Warren
StoreLocal Hallam is situated in Melbourne’s fast-growing south-eastern corridor. The facility benefits from multiple income sources of traditional self storage as well as lower-priced container storage, open yard storage, and car storage. The property has the potential for further expansion upside and longer-term redevelopment opportunities.
Following settlement, StoreInvest upgraded access and security, introduced modern management techniques, and replaced existing independent management systems with nationwide management platform StoreLocal. This has resulted in a strong uplift in occupancy and yield.