KEEPING YOUR FINGER ON THE PULSE OF THE PROPERTY MARKET

Lansdowne – massive multi-purpose industrial investment

Cape Town’s business community is rapidly expanding and the need for industrial space is steadily growing. Lansdowne is less than 20km from the CBD which renders it a highly suitable location. This industrial complex, zoned for General Industrial 2, comprises showrooms, offices and warehousing, which really does appeal to a variety of business concerns, from retail to the film industry, to storage and wholesale. 

The complex is fully tenanted for the next year, which significantly compounds its investment appeal in terms of immediate returns. With multiple entry points for loading, as well as container access, the options for tenants are infinite.

Set on a 10 757m² erf this property has massive potential to subdivide the existing buildings and increase the lettable space, which currently stands at 7354m². This also creates opportunities for increased rental income.

The site offers an abundance of available parking and is completely secured.

“A property of this magnitude, being suitable for an infinite array of businesses, does not come to market every day and is indeed a very rare investment opportunity which could yield significant returns almost immediately,” said Mike Baigel, ClareMart Group Auctions Executive.

View at 13 Blomvlei Rd Lansdowne on Wednesday 12 July and Tuesday 18 July from 12-2pm.

Don’t miss this exciting multiple auction by the ClareMart Auction Group at the One&Only Hotel, Dock Road at Cape Town’s V&A Waterfront on Tuesday 25 July 2017 at 12h30. A 5% deposit and 10% auctioneer’s commission (excluding VAT on commission) will be payable on the fall of the hammer. The balance is payable on registration of transfer.  For more information, contact Mike Baigel on mike@claremart.co.za, 021 425 8822 or 082 926 9479 and visit www.claremart.co.za