Airport Property Sells Neat Investment Property in Airport City, Cape Town
Airport Property is proud to announce the successful sale of 29a Concorde Crescent, located in the vibrant Airport City area, to a private property investor. This 283m² sectional title unit, representing a great investment opportunity, was handled by Guy de la Porte, well known as the Airport Property Guy.
The Numbers Behind the Deal
The transaction was completed at a purchase price of R 2.8 million, excluding VAT. This property, currently leased under a three-year agreement, was sold as a going concern on an 8% net yield, zero-rated for VAT purposes. The deal’s success showcases the expertise of Guy de la Porte in securing profitable investment opportunities.
Building Relationships That Last
Guy de la Porte’s extensive experience in the property industry has allowed him to build a robust database of qualified property investors over many years. What sets Guy apart is not just his knack for deal-making but also the lasting relationships he has forged. In some cases, Guy has had the privilege of selling properties to the second generation of investors, having worked with their parents previously.
Curious about Guy’s approach to investment property sales? You can read more about it here
About Airport Property
Airport Property stands as a niche, location-based industrial and commercial property brokerage, firmly rooted in the heart of Airport Industria. Our primary services revolve around:
- Leasing industrial and logistics properties, which includes warehouses, factories, and office spaces.
- Sales of industrial and logistics properties, catering to owner-occupiers, tenanted investments, and vacant land opportunities.
Searching for Warehouse Space in Airport Industria?
Are you in need of warehouse space in the bustling hub of Airport Industria? Look no further! Visit our dedicated web page, where you can effortlessly search and filter through our up-to-date property listings. We understand the importance of staying current with the dynamic property market, and we are committed to providing you with the latest options.
At Airport Property, we pride ourselves on delivering exceptional service and unmatched expertise in the Airport City and Airport Industria areas. Whether you’re looking to invest, lease, or sell, we are here to guide you through the process.
Reach out to us today to learn more about our services and how we can assist you in achieving your real estate goals.