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1 November 2011 - Fully Let Industrial facility in Beaconvale to be auctioned.


AuctionAlliancewill take a well-positioned industrial facility, comprising of eight tenanted units, to auction on November 22.

The property is situated at25 - 31 Selsondon Street, in the well-established industrial node of Beaconvale, Parow. Centrally located near the intersection of M16 and the M12, the property enjoys easy access to all the major arterial routes inCape Townand close proximity to theCape TownInternationalAirport.

The well maintained property hosts eight separate units, with the GLA totalling 3147m ². A secure entrance provides access to the buildings and opens to a central parking yard. Two of the units have additional street front access, and offer a further 15 off street parking bays.

All eight of the units are let by established tenants, and the property currently generates R939 832 in Gross Annual Income. Each unit offers a double volume workshop or storage area, office space and a private kitchen and ablution space.

CommentsGregNafte, of Auction Alliance, "this fully let property is well managed and in very good condition offering a solid investment for buyers looking for stable returns."

The auction takes place at the Crystal Towers Hotel and Spa,CenturyCityat 12pm on November 22.

For more information contact GregNafteon tel: 083 414 4474 or JacquesCoetzeron tel: 082 441 8464. Email:  gnafte@auction.co.za or jcoetzer@auction.co.za

Visit www.auction.co.za/17962