KEEPING YOUR FINGER ON THE PULSE OF THE PROPERTY MARKET

Beaconvale – two commercial buildings sold for R12.45M

Two commercials buildings in the highly sought after Beaconvale Industrial area, were collectively scooped up for R12 540 000 (including commission) in May.

These properties, comprising 1970m² and 1894m² respectively both already have long-standing tenants. Recent renovations include building electrical installation as well as interior and exterior painting.

“Both buildings benefit from high visibility on the busy Connaught Road and with the ever increasing demand for commercial space, investors were eager to obtain these properties. When choosing industrial locations, Beaconvale remains a very popular choice and a highly sought after area. Close proximity to major arterial routes and freeways, as well as easy access via public transport, only adds to the appeal of this area,” said Victor Strydom, ClareMart Senior Auction Agent.

The properties are zoned for General Industrial, come complete with delivery area and ample parking and is secured with fencing right around.

For more information on upcoming auctions, contact Victor Strydom on victor@claremart.co.za, 021 425 8822, or 083 478 7579 and visit www.claremart.co.za