Sign of the times
L O N G - T I M E T o w n s v i l l e businessman Dennis Gracie believes the signs are so good for the city he is embarking on a $ 1 million warehouse and office development at Garbutt.
Mr Gracie, who has operated Gracie Signs for 40 years, has gi ven t he green l i ght f or builders Formset to begin work on the project while propert y agents Knight Frank Townsville embark on a campaign to find a tenant for the facility.
‘‘ I believe in the town and I believe it’s going to go ahead,’’ Mr Gracie said.
‘‘ I have always said you have to lead by example.’’
A new free-standing industrial facility of steel frame and
BUILDING CAPITAL: An artist’s impression of the proposed warehouse project concrete panel construction is to be built for a 1004sq m vacant property at t he corner of Gorden and Peel streets, Garbutt.
The building will provide a 295sq m warehouse f acility with internal clearance up to 6m with access via five electric roller doors.
About 284sq m of office space is to be provided in a ground floor and mezzanine level at one end of the building.
Knight Frank agent Glenn Wintour said the development represented a good opportunity for a company looking for a mix of warehouse and office space located close to the city, airport and highway.
While there were similar product in the market, Mr Wintour said this development’s location, access and the fact that it was a stand-alone facility set it apart.
A rental rate has been quoted at $ 130 per sq m plus GST per annum.
Mr Wintour said there were a l s o g o o d s i g n a g e o p p - ortunities.