Mowbray’s most strategic corner up for auction

Posted On Wednesday, 26 August 2009 02:00 Published by eProp Commercial Property News
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Prime commercial opportunity at multiple auction to be held in Cape Town September 16 2009

Property-Housing-ResidentialWith sentiment in the market rising and healthy trading at Alliance Group’s previous commercial auction, properties such as this, the Settlers Way Value Centre, is sure to attract widespread interest.

Located on a 1789m² stand, the property offers a GLA of 1071m² with additional bulk available. Plenty of parking is available and the property secures a prime position on Main Road on the periphery of Mowbray facilitating great exposure and massive passing trade. Battery Centre, Talisman and Speedy are a few of the long term tenants currently occupying the building

‘’In today’s commercial market income generating properties are key and this low maintenance property ensures your revenue is secure through its three national tenants with long term leases in place.

Additional income could be generated through potential advertising space on its massive sky signs – subject to municipal by-laws,’’ comments Andrew Cohen of Alliance Group.

The auction is set to take place at the One&Only Hotel in the V&A Waterfront on September 16 at 12:00. Be sure to make your way to what promises to be an exciting follow up on Alliance Group’s previous commercial auction.

Last modified on Wednesday, 18 June 2014 16:11

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