Kenilworth Race Course selling out fast

Posted On Sunday, 22 December 2002 10:01 Published by
Rate this item
(0 votes)

TWO MORE buildings have been sold at Greenford Office Estate, the Rabie Property Projects and Absa Bank joint venture development at Kenilworth Racecourse.

SA Fruit Exporters have bought a 550m2 double-storey office block with 25 parking bays for R2.

TWO MORE buildings have been sold at Greenford Office Estate, the Rabie Property Projects and Absa Bank joint venture development at Kenilworth Racecourse.

SA Fruit Exporters have bought a 550m2 double-storey office block with 25 parking bays for R2.5 million. The deal was brokered by Ian Matheson of Avon Chase.

Van Zyl and Pritchard, the computer training company, has bought a 300m2 single-storey block with 17 parking bays for R1.57 million and are taking occupation in December.

The deal was brokered by Andrew Dewey from Marriot. 'The sales have been excellent,' said Rabie director John Chapman, 'We now have only three buildings with a total floor area of 1 900m2 to sell at R4 600 - R4 800 per square metre.

For further information contact Giles Balmer at 021 762 7080


Publisher: Weekend Argus
Source: IOL

Most Popular

Five things you need to know about the repo rate

Jan 28, 2021
Carl_Coetzee_BetterBond_CEO
The South African Reserve Bank has just announced that it is holding the repo rate…

SA REIT Association - Chairman's message and 2021 sector outlook

Feb 02, 2021
Estienne de Klerk_Chairman of SAREIT
Real estate has long been a rewarding sector of the financial markets. Like all sectors,…

It’s cheaper to buy than to rent a home in 2021

Feb 08, 2021
Carl_Coetzee_BetterBond_CEO
If the past year has taught us anything, it is how important our homes have become to us.

Thavhani City set for more growth in 2021 as its Motor City and medical developments accelerate

Feb 15, 2021
Thavhani_City_Locality_Layout
Thavhani City mixed-use urban precinct in Thohoyandou, designed to be the future economic…

Brand new residential development in La Lucia 60% sold through Pam Golding Properties

Feb 15, 2021
Kent_Exterior
Such is the consistent high demand for centrally located, well-priced residential…

Please publish modules in offcanvas position.