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Amazon shores up property as it prepares to launch

People & Companies / Latest News

Australia

Nov 28 2017

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Carolyn Cummins, The Sydney Morning Herald

Online giant Amazon has secured 2.11 hectares of land in Sydney's south-west as part of its digital and distribution strategy, as it prepares to launch its direct business in Australia.

According to sales records registered with the NSW Land Titles office, Amazon paid $7 million for a vacant site at Lot 4331, 42A Bluett Drive, Smeaton Grange, from private vendor, Kingcor P/L last February and the transfer was completed recently. This land could be developed into a smaller fulfilment centre, as Amazon refers to its warehouses.

Go to the Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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