Thursday 17 March 2011

Auburn. Costco to open in July

One of the world's biggest supermarket chains, the US-based Costco, will open its $60 million Australian HO and a store in Auburn, in July - the first of seven planned for the city. The expansion of the retail giant will spark a bigger price war among supermarket heavyweights Coles, Woolworths, Aldi and Franklins. Choice spokeswoman, Ingrid Just, predicts the expansion of Costco nationally will force the big four supermarkets to offer shoppers more opportunities to buy in bulk, as well as bigger savings for those buying large quantities of certain products.

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Mulgoa. Fernhill mansion up for sale

Receivers Korda-Mentha has placed the mansion owned by property developer, Warren Anderson, Fernhill, at Mulgoa, up for sale after Easter. The 723-acre property, near Penrith, is expected to fetch between $50 and $70 million. The estate which features a full-length race course, stables, a tennis court and a swimming pool, will be sold in one lot. Mr Anderson has owned the property for 20 years.

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Epping. EOI in office building

Expressions of interest have been called for a four-storey office building, on a prominent corner in Epping. It has strong tenancy underpinned by the head office of Catholic Heathcare, which occupies 45 per cent of the property until December 2015

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Blacktown. Council leads the way

The Regenesis program, designed by Blacktown City Council along with the Liverpool Plains Shire Council, in south-west NSW, have taken the lead and developed a program where communities will be able to offset their emissions by purchasing carbon credits. ''We've always considered ourselves a leader in local government and this is another opportunity to showcase Blacktown as the first council to do this, We are leading the way and at the same time have created 21 urban forests within the city which will be a benefit to the environment as well as any carbon offsets we get,” the mayor of Blacktown, Alan Pendleton, said..The program, which was funded by a $2 million state grant, would make carbon trading accessible to local governments, farmers, community groups and residents, the Regenesis project leader, Matthew O'Connor said.

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