SOLE MANDATE. This property is a sectional title unit that is strategically located within Southern Cross Village, a secure sectional title scheme in Capricorn, just 25km from the Cape Town CBD.

The Property is 2,320sqm and consists of warehouse and office accommodation. There is an opportunity for either a Sale and Leaseback or Owner-Occupier purchase. The Property is currently owned and occupied by a company that wishes to enter into a Sale and Leaseback agreement upon sale of the property.

The improvements comprise a good quality building completed in September 2009. The building has been built with steel and brick construction with elevations of plastered and painted brickwork with (IBR cladding above the warehouse component). The elevations are relieved by aluminium framed and clear glazed windows and three steel roller shutter doors. The floors are concrete, and the roof is a concave steel truss, clad with IBR sheeting.

The office component benefits from Juliet balconies at the first-floor level secured with steel balustrade fencing. The internal improvements comprise good quality office accommodation and open plan warehousing. The office space is made up of open plan call centre accommodation with various cellular meeting rooms and a wine tasting facility. Each office floor is equipped with ablution facilities and a kitchenette/staff pause area. The finishes display a high level of specification, consisting of plastered and painted walls, carpet tiled floors and insulated ceilings incorporating drop vapour/fluorescent lighting.

The improvements are set in a fully secured environment with security access and egress point on Capricorn Boulevard. The vehicular circulation and parking area is paved with interlocking brick pavers providing adequate parking and circulation space.

The property has recently undergone additional improvement. Solar has recently been installed which produces 48kw power. Additionally, a borehole has been installed which is linked to service the irrigation system and ablution facilities.

Please contact Andre Theron for more details on this property.

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