JULY AUCTION | Business | Aukció
Exciting Cape Winelands Acquistion Opportunity - 11 July 2024 Auction
11 JULY 2024 AUCTION - EXCITING CAPE WINELANDS ACQUISTION OPPORTUNITY (PROPERTY AND MOVEABLE ASSETS)
Nestled in the heart of Robertson's established industrial node, this expansive and dynamic property presents a myriad of possibilities for an investor or owner-occupier looking to establish or expand their business operations. The mixed-use nature of the property offers a buyer a range of options with great potential to unlock further upside on the investment.
Currently, the property comprises three main components, namely, a double storey building which includes office facilities, a residential flat, a retail store and industrial space. Another section of the property comprises industrial accommodation which includes a double-volume area ideal for warehouse or factory purposes. The accommodation is highly functional and is conveniently fitted with blast and holding freezers, drying and smoking facilities. The newest section of the property is the retail component which was recently refurbished with a walk-in shop and cold storage facility. The roof of this retail component is of excellent quality and the space is fitted and ready for a multitude of retail offerings. Furthermore, there is ample power supply to the property with 3-phase power available with 500amps currently being supplied to the property.
Historically, the owner of the asset conducted a thriving fish production, distribution and retail business which utilized all of the various components of the property. This asset is now primed for various product lines including but not limited to, fruit, meat, dairy, ice cream, or even a distillery amoungst other options. Furthermore, the asset is also well suited for service-related businesses like tyre fitment centres, panel beaters etc.
This acquisition opportunity is ideal for any owner-occupier seeking a solid foothold for their business within the Cape Winelands or alternatively investors with tenant prospects in mind. An important feature of the sale is that it encompasses all of the moveable assets such as fridges, freezers, trucks, and containers, streamlining the setup process for the new owner (A breakdown of these assets will be provided in the investor prospectus).
The property market dynamics in Robertson makes for an attractive investment opportunity in the sense that there is a limited supply of similar properties and vacancy levels are very low with barely any commercial assets of this kind listed 'for sale' or 'to let' on the market.
This is definitely an opportunity you do not want to miss out on!
Contact us now for more details - the property will be auctioned at the Wanderers Club in Illovo, Johannesburg, on the 11th July 2024.