We Are 25 Years Old This Month. Capital Self Storage started with 40 Self Storage units and a horse in Queanbeyan 25 years ago. The horse moved on! From humble beginnings, Capital Self Storage has grown to become the largest Self Storage operator in the ACT region. Capital has served over 40,000 self storage customers ranging from large businesses down to the most basic one bedroom unit residential customer.
As the business grew so did the construction of additional buildings. Capital was the first to try new building technology in the Self Storage business, offering the first Self Storage spaces in Queanbeyan that were not garage size. A new revolutionary size which was 3 m x 4.5m was built at the Queanbeyan store and they were an immediate success, renting out very quickly.
As the Queanbeyan site matured, the opportunity to expand became evident and additional land was purchased next door and additional buildings were constructed to satisfy the growth of Self Storage in Queanbeyan and the surrounding areas.
It wasn’t long before a second site came along at Hume to service the growing housing market in the Tuggeranong area. As Tuggeranong grew, so did the Hume site with over 500 units now available.
Recently, Capital Self Storage undertook a major security upgrade at the Hume breach with major security fencing being installed along with state-of-the-art CCTV cameras to replace older systems. This new technology can be monitored on and off site and provide surveillance for the facility, capping off security upgrades at all stores.
With the ACT growing rapidly the north side was not ignored by Capital. With the need for car and truck parking evident and Self Storage, a site was obtained in Mitchell and has grown significantly over recent years. Capital constructed the latest in two-storey self storage building technology and the site has also had a recent upgrade of security surveillance and fencing, delivering the most secure self storage facility on the north side of Canberra.
In 2003 opportunity existed to develop a Self Storage facility in Phillip on the old Telstra depot site. In conjunction with the developers Capital Business Parks, a new state-of-the-art facility was built featuring two-storey buildings with large lifts for easy access. A new street (Shea St) was built by the developers adjacent to the Capital Centre, with architectural features matching in the street.
Capital Self Storage have also been innovators in technology, one of the very first Self Storage companies in Australia to have a website, the first company ever to have online reservations and the first company ever to have online move ins to providing 24/7 rental convenience to customers.
Capital Self Storage continues to innovate with the very latest Self Storage spaces being developed at our Mitchell store which provide convenience and security.
7 Years ago, Capital Self Storage entered into an innovative financing arrangement which delivered year on year income return in excess of 12% and a capital bonus of 3%, making the investment a winner for those who invested. The properties have recently been refinanced.
Every new Storer this month receives a bottle of wine with our compliments – it’s our birthday so please enjoy a drink with us!