IKEA will open a third store in Sydney in 2014/15, in the north-western suburb of Marsden Park.
Marsden Park is located 50km north-west of Sydney’s CBD, and the new IKEA store will be part of the newly created Sydney Business Park, which is set to become one of the country’s largest bulky goods retail parks.
According to IKEA managing director David Hood, the new development has been in planning for months, and will improve IKEA’s ability to service current and future customers in the north-west Sydney area.
At 36,000 square metres, the Marsden Park store will be of a similar size to the stores recently opened in Tempe and Springvale.
Work on the site will commence in late 2012/early 2013 and the store is expected to open in 2014/15.
Hood said he expects customers will embrace a third Sydney store.
“The north-west corridor has massive potential for IKEA. As it continues to offer new tranches of land and home releases, we will see an increasing number of families moving in, and this store will make it easy for all of those people to furnish their homes affordably.”
The Marsden Park store will be the eighth IKEA store in Australia and is part of the retailers longer term national expansion plans which will see between eight and nine stores across Sydney, Melbourne and Brisbane.