Council depot sale ignites leasing interests
THE former Grafton Works Depot for the Clarence Valley Council, which was sold this week, will receive a full makeover before opening back up to leasing opportunities.
But according to Dougherty Property agent Derek Morgan, those spots are already filling fast.
"Word's gotten out already and people are already asking the new owners for a lease," he said.
"I think some have already signed!"
The 1.177 hectare property, which was sold for $650,000, comprises several service sheds and self-storage configured shedding.
Mr Morgan said it was perfect for a range of industries wishing to rent commercial storage space.
"It's only going to be for depot-related works as it will continue trading as a depot," he said.
"For the plumbers or electricians for example, it could be a good place to store equipment and materials."
The property benefits from significant hardstand, possessing a total approximate building area of 2,225m representing 19 per cent footprint relative to total site area.