Office For Sale Cape Town, Kenilworth

Greenford office estate for sale
Brand new release! A-Grade Office space for sale or to let in the sought-after Greenford office estate. Kenilworth is bordered by Wynberg to the south and Claremont to the north. Kenilworth is home to the oldest race course in the country and hosts the J&B Met yearly every year. Fronting onto the Kenilworth Race Track and a nature reserve, the buildings will be set in beautifully landscaped gardens with a large water feature providing a tranquil working environment. Building T - 860m²
Building U - 818 m²
Building V - 1375 m²
Building W - 1194 m²
Building X - 695 m²
Building Y - 355 m²
These buildings can be subdivided into sectional title office suites of:
Single units starting from 156sqm
Whole floors starting from 404sqm
Whole buildings from 355sqm upwards as shown above
Ground Floor – Retail -150m2
1st Floor – Office -150m2
2nd Floor – Office -150m2
Purchase prices range from R13,218/ m² to R15,216/ m²
Gross rentals from R110/ m²
Mix of basement parking and open bays on a ratio of four per 100 m2
Plenty of parking in the ABSA centre on Grove Street. The Kenilworth Racecourse is a large part of the economy of the suburb. Not only drawing in large crowds during the J&B Met and smaller crowds during the more common races but it is also the site of a commercial park that hosts numerous businesses including the headquarters of Pick 'n Pay Stores Limited. Access Park, a large factory outlet shopping complex, is also located in the suburb. The office park is within close proximity of the recently refurbished Kenilworth Shopping Centre. The development is ideal for either owner occupiers or investors as there is strong demand from tenants for offices in the area. Completion in first quarter of 2014