Monday, 5 July 2010

Blacktown. Showrooms sold for $2.4 million

A private investor has bought two bulky goods retail showrooms in Blacktown for $2.475 million. The showrooms, located on a 2445 square metre site at 71 Richmond Road, have a net lettable area of 1,046 square metres. One showroom is leased to Supercheap Auto Pty Ltd, until 2015, and the second to Rigby Wright, trading as Carpet Choice, until 2011 with a three year option,“ Mr Pike, of CB Richard Ellis, said the Blacktown market had a long history of stability with long term tenure and had benefited from the increased levels of business generated by the Westlink M7 Motorway.

Region. Voluntary scheme for restaurants

Blacktown, Holroyd, Parramatta and Penrith councils are among 20 state-wide which will recruit restaurants, cafes and takeaway shops for the state government's ''scores on doors'' program, which will award an A, B or C rating to be displayed in their windows. Those awaiting inspection or needing to deal with a problem will receive a P for ''pending''. The scheme is voluntary but the government hopes restaurants that opt out will bow to pressure from the public and their competitors and join in. Businesses that join the program will be required to display their score for at least 12 months.The pilot scheme will run for six months alongside the NSW Food Authority's name-and-shame list, which details food safety penalty notices.

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Wetherill Park. Question over warehouse

With the purchase by Harvey Norman of more than half of the stores of collapsed whitegoods retailer Clive Peeters in a deal worth about $55 million, it is uncertain whether it will take on any of the company’s three national warehouses – one of which is its NSW warehouse and distribution centre at Wetheriill Park.


Region. No funding for major projects

Infrastructure Australia, an independent federal government body listed no major transport project in the metropolitan area for “ready to proceed” funding. Projects for consideration included the $4 billion duplication of the M5 tunnel and the $11 billion M4 east, which would help commuters from the south-west and west respectively. Rail projects requiring funding were the $6.7 billion North-West Rail Link and the $4.5 billion Western Express, from Central to Westmead. “Threshold” project _ ones not ready to proceed because of outstanding issues included the South-West Rail Link and the Moorebank intermodal terminal.


Auburn. New train facility

The Auburn stabling project involves the construction of a new stabling facility north-west of Auburn station. The project is designed to cater for the expected increase in train services in Sydney’s west and south-west. The project will reduce the number of empty trains on the metropolitan network and accommodate 18 eight-car trains Transport Construction Authority (formerly Transport Infrastructure Development Corporation) is currently working on the design and environmental impact assessment for the project.

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