Guy de la Porte of Airport Property has sold No 1 Beaconway, Beaconvale, Parow, to Spear property fund for R 55 Million. The property was Shoprite’s first Distribution Centre in the Western Cape. Guy sold the property to the previous owner in 1997 and then let the property to Distell on a long lease Distell have occupied the property for over 15 years. Please click here for more property details.
The total rentable area of the property is approximately 14,500 square metres and is situated on a prime corner site of 31,000 m2. GDP was given a sole mandate to sell the property and concluded the sale shortly afterwards. GDP has a 99% success rate on properties where the Seller has granted them a sole mandate.
Guy de la Porte is an industrial property specialist in Cape Towns major industrial nodes and is a specialist in the sale of Industrial Investment Properties. He has built strong relationships with his extensive database of investors, built up over 30 years.