Shepparton Family Freight Business Expanding
Keating Freight Lines, a family business from Shepparton specialising in heavy transport, and cargo freight containers; has bought an industrial site at 36-38 Glenbarry Road for $2 million. Keating will move its existing transport depot in the area to the new location.
The property comprises of an office-warehouse, two overhead cranes and a renovated office. Building area totals 2317 sq. m and the land 6760 sq. m.
The sale was brokered by ICR Property Group director Raff De Luise. He said that the building-land ratio was unusual: 38 per cent building, 62 percent land, offering potential to expand.
The Age – Wednesday 20th June 2012