01 Jul 2008
A property investment company has recently acquired an office development in Cape Town's Tygervalley.
"The Tygervalley commercial hub, owing to good quality tenants and high property demand in the area, has seen capitalisation rates hold steady over the past year. This has happened even with the recent adjustment of lending rates as investors in the current market find it difficult to find quality stock," says Elton Faber, director of Capital Investments Properties.
Close to Tygervalley Shopping Centre, Tyger Chambers 3, Block C comprises five levels with lifts, upmarket finishes and a deck area supplied with each office. Secure basement and open parking are also available. It will also contain a gym and canteen.
The total lettable area of 2,767sq m (excluding common areas and circulation space) is available at a rate per square metre from 28 February 2008.
For more information contact Brad Esch on 021 914 4117 or send an email.
Have a comment or question about this article? Email us now..
Get up-to-date property news
Would you like to receive free weekly news and information about property in South Africa? Click here to register and sign up for Property24's Week in Review.
Click here for more property news articles.
Need a blog?
Start your own blog with a free blog from 24.com.
House for sale in Cosmo City R 603 000
House for sale in Craigavon R 1 900 000
Apartment / Flat for sale in Florentia R 870 000
Townhouse for sale in New Redruth R 1 850 000
House for sale in Bassonia R 2 150 000
Industrial Property for sale in Kya Sands R 1 306 280
Industrial Property for sale in Kya Sands R 1 224 000
House for sale in Meyersdal R 2 395 000
House for sale in Bracken Downs R 1 350 000
Farm for sale in Estoire R 850 000
If you are using Internet Explorer 8 or higher, please verify that your Internet Explorer compatibility view settings are not enabled.
For the best browsing experience update to the latest Version of Internet Explorer or try out Google Chrome or Mozilla Firefox.
Please contact our Customer Service Centre for further assistance. Tel. +27 (0)861 111 724