Friday, 25 January 2008

For sale in CBD core

Expressions of interest (EOI) have been called for the 13-level office building leased 100 per cent to GE Money, at 32 Phillip Street and near the Crowne Plaza hotel, in the core of the Parramatta CBD. The building, which has four levels of parking, has a net passing income of approximately $2.161 million per annum. EOI close on Thursday, February 14, at 4.00pm. See


Move to Eastern Creek

The success of the online retail business, Dinosaur Deals, owned by Jonathan and Anthony Bass, founded in 2000 in their parent’s lounge room on the North Shore, with $1000 from each of the then 21-year old twins and $10,000 from their father, has meant relocating to Eastern Creek, after outgrowing premises at St Peters and Mascot.

Next month they and their 10 staff will move to a 2500-square-metre warehouse that provides space for further expansion. Turnover is about $10 million and has been growing at 100 per cent annually since 2002.