Pictured here is John Witter, CEO of Horizon Capital, together with Teresa Cook and Kate Hogarth, both of Horizon Capital, and John McMahon and Peter Murray of Baker Street Properties. Baker Street 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. Having sourced this property and facilitated the purchase together with Baker Street, 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. “We have extensive holdings at Park Lane Office Park and these properties have been great investments for our clients. We anticipate the same success with this latest purchase” said Witter.
For more information on how you can invest directly in commercial property in Cape Town, contact John Witter on 021 425 8586.
