The property which is being auctioned on 9 February 2010, is a fully leased, multi-tenanted shopping centre with good exposure in a prime location at the intersection of Ontdekkers Road and the Western Bypass Highway.
Plaka Centre is a well-maintained, L-shaped building set back from Ontdekkers Road with ample parking.
There are exceptional signage opportunities and rental upside. The optimal site layout and location are also suited to a future retail-oriented redevelopment site.
The centre boasts a net annual income of R740 000.