Wynberg building with ample parking:
This well located, vacant building in Wynberg is situated off Main Road at 5 Milbank Road.
The property enjoys a central location within this well established, bustling suburb. Wynberg lies 20 kilometres from Cape Town’s CBD, and hosts vibrant activity in retail, residential and light industry sectors.
A major draw card for the 645m² GLA building is access to ample municipal parking, which is always at a premium in Wynberg. Currently configured as single and double volume warehouse accommodation measuring 603m², the building offers a kitchen, ablutions, and a mezzanine area which is accessed via a staircase. The building is fully secured with an alarm system and steel roller shutter door.
“Space and parking are valuable commodities within Wynberg, this property offers both in addition to a prime central position” comments Elias Tzouvanni from Auction Alliance who recently concluded the successful sale of the neighbouring property, which belonged to a fund and was let by Home Affairs.
The auction starts at 12h00, and will take place at the One and Only Hotel, V & A Waterfront on Thursday March 22.
Fully let Industrial building:
This large industrial building in Parow has tenants in place.
The 3952m² property is situated at 17 Van der Stel Street, which lies within the established industrial node of Beaconvale on the western periphery of Parow, in close proximity to Elsies Rivier, Epping, and Bellville business centre to the north. The site enjoys excellent transport infrastructure and easy access to the N1 Freeway and other major arterial routes.
The property hosts 2588m² warehouse or factory space within a double volume building which is accessed via two steel roller shutter door on either side. An ancillary double story office block offers air conditioned office space measuring a total of 636m² and ablution facilities on both floors.
“This industrial property is fully let and generates over R1.25 million in revenue per year and will prove itself a high value asset in any property portfolio, comments Ryan Joffe from Auction Alliance.
Blue chip industrial property investment:
This large industrial property in Stikland is let by a national company untill 2017.
Extending over two erven, this substantial property measuring 3704m² enjoys a central and easily accessible location within the established industrial node of Stikland, Bellville. The modern building incorporates a warehouse and office space of 1423m² GLA ,while the 1852m² yard, measuring, offers private thoroughfare between two secure access points on 12 Kaymor Street and 84 Willow Road.
“This investment opportunity offers capital appreciation and a gross annual income just shy of R750 000. I am receiving a lot of interest and I expect competitive bidding, given the solid credentials of the tenant and lease in place. “ comment Andrew Cohen from Auction Alliance.
Paarl Office block:
This neat office block in the Paarl CBD is situated at 60 Breda Street. The 1575m² property boasts convenient access to both Main Street and Berg River Boulevard in the Paarl CBD via Van Der Lingen Street. The building has a commanding street presence, and in addition, boasts undercover parking bays within a fully secured perimeter.
The double story building offers a useful 767m² GLA, with both floors comprising of modern reception and boardroom areas, kitchen and ablution facilities, and dry wall partitioned offices. the corporate tenant modern telecoms and internal IT infrastructure, air conditioning and good quality fittings and finishes throughout, the vacant building is fit for immediate occupancy.
“As rentals for office space in Paarl are at an all time high it is now possible for an owner occupier to invest in his own asset.” comments Gareth Currie from Auction Alliance.
