Investment Opportunity

We have 4 units of 100 sqm each for sale in a popular and well secured Business Park with 24 hour security. All 4 units are tenanted, the seller would like to sell all 4 units together if possible. Selling price is R840 000 + VAT per unit, for more information contact Kathy Evans on 084 555 4235 or kathy@delaporte.co.za

Four commercial Sectional Title units have been sold in Centurion Business Park Milnerton, Cape Town.

Kathy Evans at Centurion Business Park

Kathy Evans of De La Porte Property Group, who are based in Milnerton, recently sold four mixed-use or multi-purpose Sectional Title units to a national owner-occupier, headquartered in Centurion Business Park Cape Town. The transaction price for the four units was R3 650 000.

Centurion Business Park is sought after by tenants, investors and owner-occupiers. Located on Bosmansdam Road, opposite Sable Square shopping mall on the shoulder of Century City, it offers space to suit office users and companies that need a mix of office and storage space.

When Centurion Business Park was originally launched in 1997/1998, units sold for the whopping price of R255 000 per 100 square meter unit. Investors in Centurion Business Park have enjoyed an incredible return on investment over the period.

For more information on Centurion Business Park and other business parks in the area, please contact Kathy Evans on 021 551 9777.

Platinum Junction Business Park in Milnerton Cape Town

Platinum Junction business park is a secure business park offering office, storage, warehousing and distribution facilities for tenants and commercial industrial property investors and owner occupiers in Milnerton Cape Town. Platinum Junction has a range of office and light industrial, … Continue reading

Our Top Featured Properties For August

Paarden Eiland –  R45/m2 (neg)

Prime 1800m2 warehouse – exposure, superior offices and facilities, 500 amps power, oversized roller shutter door, security – highly recommended.

Montague Gardens – R42/m2 (neg)

Located in sought after Omarumba Park this 680m2 warehouse with  811m2 of AAA grade offices is ideal for corporate HQ. Secure park,  ample parking,  200 amps.

Killarney Gardens – R35/m2 (neg)

Modern  950m2 distribution warehouse

Airport City – R43/m2 (neg)

Only one unit remains available in Concorde Park, which was completed in March this year. 520m2 including 200m2 of prime office accommodation. 12 parking bays, 150 amps – ideal for air freight and logistics.

For further details please contact Rob Ryll on 082 374 2662

R260m For Centre Point Shopping Centre in Milnerton

The Public Investment Corporation Real Estate Managers (PIC REAM) has earmarked R260 million for a total overhaul of the well-known Centre Point Shopping Centre in Milnerton. PIC REAM is a division of PIC, a large shareholder in many of South Africa’s leading retail destinations, and manages Centre Point. The redevelopment will not only enhance this shopping centre, but should also boost investment in the surrounding areas. Construction is expected to commence in January 2012, with doors opening to consumers by October 2013.

Situated on a main thoroughfare and easily accessible via Koeberg Road, a major traffic route along the West Coast, the Centre Point Shopping Centre in Milnerton’s CBD has always been popular with people who work or live in the surrounding areas.

Now, with plans for redevelopment nearing completion, this shopping centre is set to completely change the face of the Milnerton CBD and become a convenient and secure retaildestination for communities such as Koeberg, Milnerton, Wood Bridge Island, Sunset Beach, Table View and Canal Walk. Not only will the shopping centre generate new business and create much needed employment opportunities in itself, but it should also trigger further investment in the area to keep pace with residential developments in and around this beautiful and popular seaside suburb.

Zane De Decker, asset manager for PIC, is positive about the potential of this centre. “Centre Point is a true diamond in the rough. The site is extremely well located and has been earmarked for possible development since its acquisition in 2007.”

To ensure the future success of Centre Point, PIC appointed Lazercor Developments in July 2009 to conduct an investigation into the redevelopment of this shopping centre. After extensive analysis of the condition of the current building, the decision was made to demolish the existing structure and to rebuild it from the ground up. Although this would have severe cost implications, the owners of this new landmark building considered it a worthwhile investment in the community.

Plans for redeveloping the centre include three levels of secure, covered basement parking with internal access to the mall, plus two floors of retail outlets such as Pick ‘n Pay, Clicks, a food hall, full banking lobby, clothing shops, and a range of restaurants overlooking Table Bay, with postcard views of Table Mountain. The gross lettable area (GLA) for retail outlets will total 10 000m2, ensuring enough space for an extensive and diverse range of stores that would attract shoppers of all ages and interests.

In addition, the new Centre Point Shopping Centre has been designed to accommodate an apartment block on the Western edge (to be developed at a later stage), offering 60 apartments with 360o views of Table Mountain and Table Bay. Not only will these apartments be located in close proximity to all retail outlets in the centre, but also to the Milnerton golf course and some of the best windsurfing and kite surfing beaches in the world.

De Decker explains, “This mixed-use development will improve the retail offering in the Milnerton CBD significantly, and act as a catalyst for further urban renewal along Koeberg Road. We are basically aiming to create a convenience centre that will appeal to consumers in the greater Milnerton area, and serve as a lifestyle hub where both residential and retail space can be found under one roof. “

Source: Cape Business News http://www.cbn.co.za

Recently Let – Woodbridge Business Park

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, Rob Ryll of De La Porte Property Group recently let a light industrial unit of 480m² with a large office component. Afrikelp (Pty) Ltd required a high end business address in a secure business park, where they could combine … Continue reading

Sold-A rare investment opportunity on Montague Drive

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De La Porte Property Group Sold-A rare investment opportunity on Montague Drive Rob Ryll of De La Porte Property Group recently sold 33A Montague Drive, a fully let industrial park on Montague Drive to a private investor for R16 500-000-00. It is not … Continue reading

Montague Gardens – Industrial Park Sold.

Montague Gardens – Industrial Park Sold. A private consortium recently purchased Warbler Close, an industrial park comprising of three units, total size: 1,962 m². The purchase price was R11 ,400,000span. Rob Ryll of De La Porte Property Group negotiated the transaction.

Appointment of Managing Agent

Most sectional owners believe that a managing agent’s function is to send out statements and collect levies. Without doubt, this is a major and highly visible part of the agent’s responsibilities, but a competent agent will do a lot more … Continue reading