Auctioneer renovation retailing for coast

Written on the 5 June 2009

AUSTRALIA’S largest homemaker and renovation supplies auction house has launched a new superstore on the Gold Coast.

AuctionsRus has secured a five-year lease on 1500 sqm of warehouse space on a 3000 sqm block at Brisbane Rd, Labrador.

Negotiated by John Corby of Corby International, the annual rate of the deal has not been disclosed, but market indicators show similar product in the area rents annually for between $180 sqm and $250 sqm.

AuctionsRus managing director Ken Gargan, says the expansion to the Gold Coast would benefit bargain hunters.

“This is great news for our customers and for us as a company,” says Gargan.

“We plan to revolutionise shopping for the mums and dads out there by offering brand new merchandise at a fraction of the price of that offered by regular retail chains. No longer do homeowners need to pay an arm and a leg to renovate or build the house of their dreams.”


Latest News

THE STAR'S STUNNING ANSWER TO CROWN'S BARANGAROO

THE Star Entertainment Group (ASX:SGR), not to be outdone by James Packer's Barangaroo development across the ...

BRISBANE COAL TERMINAL REOPENS AFTER SHIPLOADER REPAIR

COAL loading has recommenced at New Hope's (ASX: NHC) Brisbane terminal today after repairs to its ship loader, w...

SUPERYACHTS OFFER UNTAPPED POTENTIAL AT COMMONWEALTH GAMES

SUPERYACHT Australia has devised a strategy to attract more superyachts to Queensland and capitalise on revenue op...

GDP FIGURES A 'WAKEUP CALL' FOR PARLIAMENT

THE GDP figures are an end-of-year wakeup call for Parliament about what lies ahead for the country, according to ...

Related News

HOW MCDONALD'S AUSTRALIA REDISCOVERED ITS INNOVATIVE SPIRIT

MCDONALD'S is such a ubiquitous part of the Australian landscape today that it is easy to forget how it change...

JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Gu...

ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

MERITON Property Services is under fire from Australia's main consumer watchdog, after it allegedly engaged in mi...

ACCC FIRES WARNING SHOT TO IVF PROVIDERS

IVF clinics have been put on notice by consumer watchdog, the Australian Competition and Consumer Commission (ACCC...

Contact us

Email News Update Sign Up Contact Details

Subscribe to our mailing list

* indicates required
Email Format

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter