Known internationally by the abbreviated Go-Dove brand, the South African company represents GoIndustry Plc, a listed company on the London Stock Exchange, with 40 offices in 27 countries, and which has been conducting online auctions since 2000.

The Africa online property division is the international group’s first division to be dedicated to the auctioning of commercial, industrial and high-end residential properties online, and we will be using the international group’s online presence to market and auction the property. This site receives 30-million visitors each year, and will effectively be able to auction this property online in real time to potential buyers from all four corners of the globe.

According to MD of Go-Dove’s Property (Africa) division, Kim Faclier: “The N’Dabeni site is an excellent investment opportunity: 7 388m2 of the total existing space of 10 980m2 that make up the property are currently leased until December 2016 to Safepak, a leading manufacturer and national distributor of flexible packaging materials.  In addition to this, a second tenant – the Western Cape branch of Southern Sales & Merchandising – occupy a further 500m2 in the main office block on the premises.”

Along with the office block component, the property comprises two interlinked industrial buildings, all of which have been well-maintained with total improvements of 7 753m2. Exterior improvements have included a manned security office at the main entrance, a tarred parking area surrounding the office block as well as a large gated yard and dispatch area at the rear of the property. The gross annual income on the property is R3,62 million

Situated just 6km from the Cape Town Central City, N’Dabeni is considered to be a prime location, and lies in easy access to the M5, N1 and N2 highways. Bordered to the southeast by Pinelands and to the north by Maitland, the area is also well-serviced by a railway station.

Says Faclier: “This property has an excellent rental income with solid tenants in place, and the overall investment analysis, available to potential bidders, is impressive. It is a prime example of the type of selectively chosen industrial properties in which Go-Dove Africa will be specialising and will be available for bidding online alongside a number of other unique commercial  and high-end residential investment opportunities that will be on auction in August.”