Nedcor Building, Germiston
Holding Company : Cuzen Investments (Pty) Ltd
Current Value : R5,2 million at 13% Capitalisation rate
Opening Date : 1995
An existing three storey building was purchased and then converted into a Nedbank on the ground floor, a parking garage on the second floor and offices on the third floor. The property is situated across the road from the Golden Walk Shopping Centre and this prime position has worked very well for our tenants. The offices are occupied by Group 4 Falck.
The parking inside the building has proven to be very popular due to the security that we can provide and is fully occupied by the tenants.
