MODERN MAKEOVER
A WELL-LOCATED showroom and warehouse in Garbutt is up for lease after being sold for about $800,000 to a local buyer who is undertaking a major refurbishment.
The property, at 64 Pilkington St, was the retail centre for Concept Tiles, which recently closed down after almost 20 years in business.
Colliers International Townsville agent James Pascoe said the purchaser would immediately start major upgrades, expected to cost more than $200,000, to transform the showroom and warehouse into high-grade spaces to suit long-term tenants.
“These improvements will be completed within three months, maximum,” Mr Pascoe said.
“The property is now available for lease, allowing potential tenants to get their preferences with many of the improvements.”
Mr Pascoe said the entire building would be refurbished with its ceiling level raised, new airconditioning and flooring installed, and lunch room and amenities upgraded.
“It’s going to become a more modern building in a great location. You bring an older building in a good location up to modern specs, they should walk out the door,” he said. “It’s going to come up a real treat.” The property has a total building area of 960sq m, including 200sq mplus of showroom and 100sq m of mezzanine office and storage space. It has a total site area of 1617sq m with 20m frontage to Pilkington Street.
The property has about 10 parks and secure truck access.
Mr Pascoe said interested tenants should contact him. car