Council depots attract buyers
THEY were the workplaces for thousands of Toowoomba employees for more than half a century, but now the disused council depots have hit the market and are already attracting investor interest.
Ray White Commercial has listed the massive industrial sites on either side of Anzac Ave in Harristown for sale as separate entities through an expressions of interest campaign.
Taking up more than four hectares in a busy part of Toowoomba’s industrial suburbs, the depots feature a 5000sq m sawtooth warehouse on the eastern side, along with more than 4000sq m of sheds, offices and garages on the western site.
The depots were decommissioned and closed down after the Toowoomba Regional Council opened its new $60m principal depot at Charlton, which houses about 500 of its workforce.
Selling agent Peter Marks said the properties were attracting serious interest from buyers across Australia.
He said while the new owner could take a variety of approaches, there was a strong case to be made to repurpose the existing infrastructure for new uses.
“(Interest has) been very good, we’ve had local investors as well as from Brisbane and a couple of interstate people,” he said.
“There’s just over two hectares of land (on each site) so there’s lots of opportunity.
“There are so many options for the new buyer.
“You could put some shopfronts along Anzac Ave or businesses in there, and you could build workshops at the back,” Mr Marks said.
While both sites have extensive history, neither are covered by any local or state heritage zoning.
The council was contacted for comment.
The expressions of interest campaign for both properties ends on November 11.
FOR MORE INFORMATION, CALL PETER MARKS ON 0400 111 952 OR CRAIG BRADLEY ON 0488 075 167.