Claremart

KEEPING YOUR FINGER ON THE PULSE OF THE PROPERTY MARKET

STRAND AND MUIZENBERG PORTFOLIO DISPOSAL – FULLY TENANTED COMMERCIAL SPACES

Strand is highly sought after for commercial and industrial space. ClareMart’s hammer will soon fall on a fully tenanted modern warehouse, in a popular industrial area. Located at 19 Chilwan Crescent, Broadlands Strand, this property benefits from easy access to major routes and close proximity to public transport infrastructure.

The erf comprises 1000m² with a GLA of 690m². There is currently one tenant, occupying the warehouse, mezzanine and office space. The site has paved parking behind secure fencing and is located close to the N2 freeway.

This property is on show on Wednesday 12 and Thursday 20 June from 12-2pm, where prospective buyers can inspect it up close and appreciate the true investment value of this superb commercial investment.

 “Strand’s commercial and industrial zones have expanded vastly over the last 10 years, with no signs of development slowing down. The need for secure and spacious commercial properties is constantly increasing and there is not likely to be a shortage of tenants for properties of this nature,” said Mike Baigel, ClareMart Auction Executive.

Moving to the other side of the False Bay Coast, a Muizenberg Mixed Use building, fully tenanted and occupied by seven tenants, is on the block.

Located at 86 Capricorn Drive, Capricorn Park Muizenberg, this building benefits from prime positioning. With an erf size of 1559m² and a GLA of 1164m², this property has huge potential and could generate upside rental income. There is ample parking and the building is fully secured. On show Tuesday 11 and Wednesday 19 June from 12-2pm.

Don’t miss the opportunity to bid on this commercial venture when it goes under the hammer at ClareMart’s next multiple auction at the new venue, Hellenic Community Centre, 24 Bay Road Mouille Point, on Wednesday 26 June 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