COSTCO TO OPEN NEW STORE
COSTCO, which currently has two stores in NSW, at Lidcombe and Casula, expects to open its third outlet in NSW, a 13,575-square-metre outlet, at Marsden Park, in mid-2017, employing 250 full and part-time staff. This will be the company’s seventh store in Australia.
MERRYLANDS SKYBRIDGE SCRAPPED
A SKYBRIDGE connecting the Stocklands Merrylands Centre and proposed Merrylands Court development has been scrapped after being described as “excessive” [because of] adverse amenity and visual impacts”.
BLUE CHIP CENTRE SOLD
A BLUE CHIP 2890-square-metre service centre, at 97-99 Hume Highway, Chullora, sold for $8.5 million. The centre is fully leased to Woolworths and Red Rooster parent company, which are long-term occupants. Net Income is approximately $597,750 annually plus GST. Woolworths accounts for 77.5 per cent of total income.
