Airport Property is pleased to announce the successful sale of 62 Manhattan Street in Airport Industria, Cape Town. The industrial property, boasting a rentable area of 982m² on a 1500m² erf, has been sold to an owner-occupier for R7 million plus VAT.
This transaction follows the previous successful sale of the neighboring property, also at R7 million, demonstrating the consistent demand and value in this prime industrial location.
The property features an impressive secure gated yard of approximately 800m², complemented by generous parking facilities at the front of the premises. These characteristics make it a highly desirable asset in the industrial property market, where secure yard space and parking are premium features.
Guy de la Porte of Airport Property, who concluded both deals, notes that properties of this caliber are extremely sought after in the Airport Industria precinct.
The sale of 62 Manhattan Street reinforces Airport Industria’s status as a prime industrial location, particularly appealing to owner-occupiers and investors alike.
