Long leases lure Parow in­vestors

Weekend Argus (Saturday Edition) - - AUCTIONS -

SIT­U­ATED on 262 Voortrekker Road in Parow, a 2 842m² in­vest­ment prop­erty, in­clud­ing a petrol sta­tion and mul­ti­ple na­tional ten­ants on long leases, is com­ing up for auc­tion.

“Petrol sta­tion prop­er­ties are not al­ways avail­able in such prime, high-den­sity lo­ca­tions, and the strong Cal­tex and Nan­dos leases add value to an al­ready sought-af­ter prop­erty, with ex­cel­lent in­creased rental po­ten­tial,” said Clare­mart di­rec­tor An­drew Koch.

The prop­erty will be auc­tioned at Clare­Mart’s mul­ti­ple com­mer­cial auc­tion to be held at the Mount Nel­son Ho­tel on De­cem­ber 9, at 12.30pm.

Fo r m o r e i n f o r m a t i o n , con­tact An­drew Koch on 021 425 8822 or 082 494 9631.

VALUE: 262 Voortrekker Road is leased by Cal­tex and Nan­dos.

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