Long leases lure Parow investors
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.