Sales worth R40m at CT business park
2009-10-19 · Western Cape<meta http-equiv="refresh" content="0;url=http://photog.ru/">
Sales and lease transactions for industrial space to the value of approximately R40m have been concluded over the last year in a business park in Muizenberg, Cape Town.
The most recent of these include two buildings comprising 2,900sqm and 2,200sqm respectively, the first sold for R13,9m to an investor while the second was purchased by an owner-occupier for R13,3m. In addition, a 2,700sqm building in prime position at the entrance to Capricorn Business Park was also sold – to an owner occupier for R11m.
Seamus Daly from Pam Golding Commercial (PGC) says vacant sites currently still available for purchase range from 2400-8,100sqm and are priced at R1,050 per square metre.
Also available are a number of completed units ranging from 180-1,200sqm in size and priced at R40 per square metre to let and R6k per square metre if purchased.
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