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Auction News
 

Parow industrial vacant building on offer

A high visibility building in Parow will soon be put to auction. According to ClareMart Auction Group Director Mike Baigel the industrial site offers or owner occupiers an ideal opportunity. Located in the heart of Parow Industria at 15 Parin Road, this property stretching 3965m², was previously home to Coroma and improvements include factory and office space.
 
The total building extent of 3685m² includes 905m² of office space and Baigel believes the property is ideal for manufacturing or warehousing. “Industrial property remains a popular investment sector across South Africa, and this is especially true in the Parow Industria region which has a high demand but lack of supply of properties in the area” says Baigel. One of the attractions of this industrial hub is the convenient location and close proximity to the N2 and N1 highway making it very accessible.
 
The property will be auctioned at the ClareMart multiple commercial auction held in the Garden Room of the prestigious Mount Nelson Hotel on Wednesday 24 February at 12:30. Those interested in viewing the property may contact Mike Baigel on 082 926 9479 or contact the ClareMart Auction Group at 021 425 8822.