Thursday, 7 July 2011

Parramatta. Spar Australia expands

Spar Australia, which has converted 16 Metcash supplied stores as well as seven independent retailers, since December 2010, opens its newest store in North Parramatta. Owned by Frank and Teresa Primerano, the store is purpose-built with a trading area of just under 500sqm. Spar Australia MD, Lou Jardin, attended the opening.


Ingleburn. Printing firms fined $190.000

Zac Pac Pty Ltd and J.I.T. Offset Pty Ltd, which work out of the same premises at Ingleburn, where they produced cardboard boxes with plain or glossy printing for customers, have been fined $130,000 and $60,000 respectively, after having been charged with multiple breaches of the Occupational Health & Safety Act 2000. The companies were ordered to pay Work Cover’s legal costs after a one-tonne pallet toppled over onto three workers, causing serious injuries in late 2007.


Parramatta. Appeal of office space

The sales and investment appeal of the Parramatta Office market is steadily growing. according to Knight Frank’s latest Parramatta office Market Review. With markets such as North Sydney having generated a critical mass of transactions attention is now shifting towards Parramatta by virtue of its size, tight vacancy profile and solid rental prospects. The total office market in Parramatta is 685,371 square metres. The vacancy rate is 9.6 per cent. The average gross rent for prime grad space is $422. per square metre.