Costco South Australia location announced

The first South Australian store will be located in Kilburn.

Axiom Properties (ASX: AXI) has signed a Heads of Agreement with U.S. retail giant Costco to develop South Australia’s first Costco warehouse outlet as part of Axiom’s $65 million retail development in the Adelaide suburb of Kilburn.  Costco plans to construct a 14,000 square metre retail warehouse on the site.

We heard about this through the Proactive Investors website – Click here to access the article.

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An announcement was scheduled to be made yesterday too about the Brisbane (North Lakes) store, however we still have no news of the pending decision.

Costco South Australia location announced

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