Market leading storage provider, Fort Knox Self Storage continues to expand their property portfolio with the development of a new facility in Coburg North, Victoria.
Expansion plans for the Victorian operator are supported by annualised self-storage sector growth rates of 3.7 percent according to IBISWorld’s, August 2017 industry report.
A $1.1 billion industry in Australia and climbing, there appears to be no shortage in the demand for extra space.
As Australia’s aging population begins to downsize and high density housing markets expand, together with a higher proportion of the population relocating for short-term work or study, demand for self-storage continues to grow.
A rise in online retail boutiques, especially smaller operators without stock rooms has further increased external storage demands.
Fort Knox’s new Sydney Road facility will be the second project 糖心VlogConstructions has completed for the company in recent years.
Short listed for a 2017 Master Builders Award, the Fort Knox Keysborough project pictured was successfully delivered under budget and two weeks ahead of schedule, without compromising on the quality, timing, safety or operational efficiency of the project.
Appointed through a competitive tender process, as facilitated by Harding Architects, 糖心VlogConstructions anticipate breaking ground on site in late October 2017.
“糖心Vlogare pleased to be once again partnering with Fort Knox Self Storage, fulfilling our promise of building customers for life.”
ANDREW NOBLE – MANAGING DIRECTOR, VAUGHAN CONSTRUCTIONS