Costco

Costco has purchased a property in Melbourne’s western suburbs as the site for a new $62 million warehouse.

Costco is set to significantly expand its presence in Australia, with three new warehouses already in the works and several hotspots being eyed for future stores.

Costco plans to open several new warehouses across Australia over the next five years, with an expanded presence in Sydney a priority.

A premium position alongside bulk supermarket giant Costco is among the opportunities generating all the buzz on the current commercial market. Here are Victoria’s five most-viewed commercial properties of the week. BUY NEXT TO COSTCO 93-97 …

Costco is set to ramp up it’s Australian retail offering with the launch of online shopping and delivery.

Billionaire Lang Walker’s Walker Corporation will add a state-of-the-art aerospace facility and a Costco Australia warehouse to its 350ha Ipswich business park as part of $120 million worth of projects pledged to the area.

Costco’s new distribution centre will be more than just a storage facility to service its chain of outlets, it has been confirmed.

IKEA and Costco are a step closer to opening new stores at Boolaroo, near Newcastle.

US retail giant Costco has thrown down the gauntlet to its competitors in bulk purchasing by setting up a new distribution facility in Sydney’s western suburbs that could handle online orders in future.