COMMERCIAL PROPERTY IN PARK LANE SOLD

    Wednesday, 14 September 2011
    Baker Street Properties recently brokered the sale of the whole of the first floor of this block at Park Lane Office Park in Pinelands to a High Net Worth client of Horizon Capital’s for just shy of R12 million.
    Pictured here are John Witter, CEO of Horizon Capital, together with Teresa Cook and Kate Hogarth, both of Horizon Capital, and John McMahon, Director of Baker Street Properties, with Peter Murray, also of Baker Street Properties. Baker Street Properties sourced this property and facilitated the purchase, Horizon Capital will manage it for their client going forward. The property is fully let for a number of years to two national tenants and has a very good parking ratio of more than 4 bays per 100 square metres of office space. Centrally-located, next to the Vincent Pallotti Hospital and just off the N2 freeway, the Park Lane Office Park development is an upmarket, 24-hour-security office development, with top-class external and internal finishes. For more information on how you can invest directly in commercial property in Cape Town, visit www.baker-street.co.za or contact John McMahon on 082 441 2815. For commercial sales and leasing enquiries contact Peter Murray on 072 565 1545.
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