Jaycar founder lobbs $55m for western Sydney property
Mercedes RuehlReporter
Jaycar founder Gary Johnston has bought a 10-hectare site in western Sydney for $55 million to house the electronics retailer's head office and distribution centre.
The Australian retailer had been looking for a new premises for some time and approached the vendor, VIMG, off market via CBRE.
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Mercedes Ruehl writes on real estate specialising in sales, leasing and residential properties. Connect with Mercedes on Twitter.
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