Airport Property has sold Unit 7 Prodev Park 2, 113 Aviation Crescent, Airport City , Cape Town to a private investor for R1,450,000 excluding VAT. Based on a market rental of R85 per m², the net yield is 8.15%. The property was sold vacant with Airport Property given a sole mandate to let the unit. It is anticipated that this unit will be let very quickly due to the demand for properties in Airport City.
The unit is 166m² in size, and the deal was concluded by Guy de la Porte, who has been successfully selling investment property in Cape Town since 1987. Guy’s approach to investment sales is to first gain a thorough understanding of the property. After completing an in-depth financial analysis, a comprehensive investment prospectus is completed and the property is offered to selected investors. Guy de la Porte has built up a database of well qualified investors who are categorised as follows:
- small – below R5 million
- medium – R5 million to R20 million
- large – R20 million to R100 million
- mega – R100 million plus
Investment properties are not put on any website nor on marketing portals, as a good investment property is usually taken up by investors from Guy’s database.
Airport Property is a niche, location-based industrial & commercial property brokerage. We are based in Airport Industria and focus on the following main services in Airport Industria:
leasing of industrial and logistics properties, warehouses, factories and offices sales of industrial and logistics properties, owner occupier, tenanted investment and vacant land Read More…
Do you need to rent or buy warehouse space in Airport Industria? Please visit our dedicated web page where you can search and filter our property listings here. We always strive to keep our property listings up to date.