Saturday, June 22, 2024

Costco opens third NSW site

Scores of eager shoppers attended the official opening of Costco Marsden Park in western Sydney on Tuesday morning, marking the retailer’s ninth warehouse opening in Australia since launching in this country eight years ago.

Spanning 13,575sqm, the Marsden Park store includes a Costco fuel station, tyre centre, food court, optometrist, hearing aid services and fresh-food production.

The store also features Costco’s famous ‘Wow’ offers, including a 5.34 carat diamond ring ($400,000) and a limited edition of 50-year-old Glen Grant single-malt whisky ($13,999.99).

Costco Wholesale Australia Managing Director Patrick Noone says the Costco brand continues to be a stand-out success, “thanks to consumers who love the products we stock, as well as our unique business model, which provides outstanding value to our membership base”.

The latest warehouse is in Sydney Business Park, about 30km from Costco’s other NSW sites at Auburn and Casula. Mr Noone says the area, which was farmland when he initially scouted for a new site, is growing quickly with an increasing number of young families and businesses putting down roots.

Sydney Business Park is one of Australia’s largest large-format retail centres, spanning 115,000sqm in floor space. Costco joins other retailers including ALDI, Baby & Toddler Town, Beacon Lighting, Bunnings Warehouse, Carpet Call, Coles Express, Forty Winks, Home Consortium Marsden Park, Home Hub Marsden Park, IKEA, JB Hi-Fi Home, Knotts Pine, Lindt Factory Outlet, Reece, Repco, Shell, Snooze, and The Good Guys, among others.

Sydney Business Park Project Manager Owen Walsh says Costco is a welcome addition to what is “fast becoming a major shopping and warehouse distribution/ logistics destination for the region”.

“Marsden Park has experienced huge investment and growth over the past five years and we expect to see an even more dramatic transformation over the next five with planning progressing for hotel, commercial towers and a regional town centre,” he said. “By 2025, the surrounding north-west growth centre is expected to support 177,000 new residents and 61,900 new homes.”

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