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Growing your self storage investment

Kennards Self Storage, Hoxton Park, AustraliaThe initial investment grows as your self-storage facility starts filling up rapidly and the need to expand is on the horizon.

Your next building acquisition will typically be funded from cash flow of your existing self-storage business. Early on, when you only have a single or few sites, it’s likely that you’ll need a top up. At this stage you may want to bring in other investors.

If you have built a quality facility and developed the beginnings of a strong brand, you should find plenty of potential investors. This process may continue for the next few facilities, allowing you to capitalise on the growing value of your brand and early sweat equity.

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