Pictured here outside The Courtyard Building 2, Central Park, Century City is Kate Hogarth and Teresa Cook of Horizon Capital Commercial Property. This prime, free-standing office building is a recent addition to the diversified, directly-owned, AAA-grade commercial property portfolio of one of Horizon Capital’s high net worth clients.
The building, which offers approximately 1,500m² of modern office space in a sought-after location within Century City, was purchased for just under R24 million, providing an excellent return to the investor. A blue-chip tenant occupies 75% of the building, with the balance of the space being let by Horizon Capital and the Rabie property group shortly after transfer.
If you are interested in investing in commercial property in Cape Town and would like to hear more about Horizon Capital’s comprehensive and personalized property investment and management services, contact John Witter on 021 425 8586.