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Woodstock industrial centre to auction

Posted On Tuesday, 07 June 2011 02:00 Published by eProp Commercial Property News
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A prominently positioned and fully-let building in Woodstock is set to fall under the Auction Alliance hammer during its forthcoming commercial Multiple Auction to be held on June 28 at the Crystal Towers Hotel & Spa

Andrew CohenThe landmark property is situated in a prime, high exposure position on the corner of Albert and William Roads in Woodstock. The property’s central location affords it with efficient access to the various amenities situated within the nearby CBD as well as to the surrounding areas of Salt River and Observatory.

The fully-let property, referred to as the Woodstock Industrial Centre, comprises a multi-level industrial and commercial building and enjoys a prime location within Woodstock’s established commercial node. The expansive property extends over a GLA of ±10,970.90m² and produces a substantial gross annual income of approximately R4.328 million including recoveries.  The property is one of the biggest buildings in Woodstock and features a selection of tenants, many of whom have been there for many years.

Comments Andrew Cohen of Auction Alliance, “The significant yields and strong tenant base offered by this prime property, coupled with the fact that Woodstock is fast becoming one of Cape Town’s most prominent commercial, industrial and creative hubs make it an invaluable investment opportunity not to be missed”.

The auction takes place at 12pm at the Crystal Towers Hotel&Spa, Century City

or more information or to arrange a viewing contact Andrew Cohen on Tel: 082 422 1158 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Visit: www.auction.co.za

Last modified on Saturday, 07 June 2014 19:11

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