Property Details

INDUSTRIAL PROPERTY ON AUCTION IN BEACONVALE, CAPE TOWN Online Auction: 12th of June 2024. Note: Opening bids at R 10,500,000. This is the opening bid and not the selling price. The auction is subject to a reserve price. This expansive warehouse, situated at 30 Connaught Road in the vibrant Beaconvale area of Cape Town's Northern Suburbs, presents a prime investment opportunity in a region undergoing notable development. Boasting excellent connectivity to major arterial routes such as the N1, N2, R102, M26, and M12, this property offers convenient access to key locations including the Cape Town International Airport, Cape Town Harbor, and the City Centre. With seamless transport options including Metrorail, Golden Arrow bus service, and minibus taxis, accessibility is optimized for both public and private commuters. Comprising a total area of 1859sqm, this warehouse includes 661sqm of shop space, 588sqm of office space, two storerooms (66sqm each), a 77sqm canopy, a 139sqm lean-to, 289sqm of shelter, a 20sqm meter room, and 19sqm of steps. Currently housing a café, car wash, and bakery, additional features encompass a fully equipped butchery (equipment available at extra cost), spacious office area, and entertainment space with the option to apply for a liquor license. Constructed with a concrete roof that allows for potential expansion of two additional levels, the warehouse offers a ground floor clearance height of 3.5m and benefits from 400Amps of 3-phase power. Further amenities include an 8000L diesel tank with pump, prepaid meters for electricity and water in each unit, and ample signage visibility from Connaught Road. Truck access is facilitated on both sides of the building, leading directly into the secure yard. For further information or to schedule a viewing, please contact Enzo.