Manheim Auctions has completed the purchase of the land and buildings at 144 Moorebank Ave, Moorebank, in order to cater for increased business demand.
With a growing number of vehicles, trucks, machinery and other assets being auctioned to increasingly larger crowds every week, the company has moved to secure its future at the Moorebank site.
Campbell Jones, chief executive of Manheim says: “The purchase of the 35,000sqm site at Moorebank reflects the success of our business and our commitment to our operations in Sydney.”
Manheim holds weekly public vehicle auctions offering buyers a range of vehicles to choose from, with over 400 cars, four-wheeler drives and light commercials available at auction each week.
Each month Manheim also holds public truck and machinery auctions which feature a range of stock such as earthmoving equipment, trucks and trailers, buses and farm machinery.
“Backed by the continued investment of our parent company, Cox Automotive, we look forward to a number of site improvements in both the short and the long term now we own the property,” Campbell adds.
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