Price My House in Burwood East, Victoria, Australia | Property

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Locality: Burwood East, Victoria, Australia

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06.02.2022 GROCERY GIANT KAUFLAND BUYS SECOND AUSTRALIAN SITE IN MELBOURNE’S DANDENONG Ahead of joining Australia’s $90-billion grocery sector, German hypermarket Kaufland has bought its second Australian site in as many months, this time in Melbourne. Backed by the wealthy Schwarz family the fourth biggest retailer in the world the supermarket giant is paying Bunnings Warehouse Property Trust (BWP) $16.4 million for an ex-hardware outlet at 1-5 Gladstone Road in Dandenong, about ...27 kilometres south east of the CBD. The sale price Kaufland has agreed to pay for the 12,313-square-metre Melbourne building on a 3.1 hectare holding reflects a substantial rise on the $13.3 million book value BWP attached to it on June 30, 2017. Bunnings announced in March that it would vacate the premises and move to a former Masters outlet, in Dandenong South at 101 Princes Highway on the south-west corner of the South Gippsland Freeway. The Dandenong acquisition comes seven weeks after Kaufland made its first Australian site purchase, outlaying $25 million for the ex-Le Cornu furniture depot, in the inner-city Adelaide suburb of Forestville, which is expected to be reconfigured into a store. It is expected the supermarket will reconfigure the existing Dandenong building too, though this could not be confirmed with the group’s head of property development, Torsten Ohle, who was unavailable. It is as yet unknown exactly when Kaufland expects to open in Australia. Kaufland hypermarkets can spread some 20,000 square metres about four times the size of a small Coles or Woolworths supermarket. The chain has more than 1000 stores outside of Australia, each with an enormous product range said to include more than 60,000 discount-type goods. It is reported the group opts to buy rather than lease its sites. Kaufland confirmed it was coming to Australia after another company controlled by the Schwarz family, Lidl, initially said it was interested in setting up, but changed its mind to focus on the US grocery sector.

01.02.2022 Buyers luck out after missed turn-off derails auction plan. "Everyone wants the morning of an auction to run smoothly, but the new owners of a Seaford property would have had hearts racing after a missed freeway exit made them miss the event". www.pricemyhouse.online

21.01.2022 GROCERY GIANT KAUFLAND BUYS SECOND AUSTRALIAN SITE IN MELBOURNE’S DANDENONG Ahead of joining Australia’s $90-billion grocery sector, German hypermarket Kaufland has bought its second Australian site in as many months, this time in Melbourne. Backed by the wealthy Schwarz family the fourth biggest retailer in the world the supermarket giant is paying Bunnings Warehouse Property Trust (BWP) $16.4 million for an ex-hardware outlet at 1-5 Gladstone Road in Dandenong, about ...27 kilometres south east of the CBD. The sale price Kaufland has agreed to pay for the 12,313-square-metre Melbourne building on a 3.1 hectare holding reflects a substantial rise on the $13.3 million book value BWP attached to it on June 30, 2017. Bunnings announced in March that it would vacate the premises and move to a former Masters outlet, in Dandenong South at 101 Princes Highway on the south-west corner of the South Gippsland Freeway. The Dandenong acquisition comes seven weeks after Kaufland made its first Australian site purchase, outlaying $25 million for the ex-Le Cornu furniture depot, in the inner-city Adelaide suburb of Forestville, which is expected to be reconfigured into a store. It is expected the supermarket will reconfigure the existing Dandenong building too, though this could not be confirmed with the group’s head of property development, Torsten Ohle, who was unavailable. It is as yet unknown exactly when Kaufland expects to open in Australia. Kaufland hypermarkets can spread some 20,000 square metres about four times the size of a small Coles or Woolworths supermarket. The chain has more than 1000 stores outside of Australia, each with an enormous product range said to include more than 60,000 discount-type goods. It is reported the group opts to buy rather than lease its sites. Kaufland confirmed it was coming to Australia after another company controlled by the Schwarz family, Lidl, initially said it was interested in setting up, but changed its mind to focus on the US grocery sector.

18.01.2022 Lenders slash rates to boost flat property market. "Top price for the weekend was $1.2 million for a four-bedroom town house in Mount Waverley, 16 kilometers south-east of Melbourne". www.pricemyhouse.online

14.01.2022 If you are thinking of selling, you need to read this article first. We dive into what a Property Valuation actually is. Why you need to have one done before you sell and, What you can do to get a higher price for your home.... If you have any questions about your property worth or would just like to have a general chat about selling, please don't hesitate to chat with one of our consultants. www.pricemyhouse.online/how-can-i-value-my-house-online

14.01.2022 Buyers luck out after missed turn-off derails auction plan. "Everyone wants the morning of an auction to run smoothly, but the new owners of a Seaford property would have had hearts racing after a missed freeway exit made them miss the event". www.pricemyhouse.online

06.01.2022 How the stylish live: At home with interior stylist Lucy Fenton

05.01.2022 Lenders slash rates to boost flat property market. "Top price for the weekend was $1.2 million for a four-bedroom town house in Mount Waverley, 16 kilometers south-east of Melbourne". www.pricemyhouse.online

04.01.2022 How the stylish live: At home with interior stylist Lucy Fenton