After lengthy market research and discussions which started in January 2021, between Mike Walters of AuctionInc and Orrin Kloppers and his team at Netsurit. AuctionInc secured the mandates to dispose of two of the premises occupied by Netsurit.

The global IT company head office had been based in Marlboro for over a decade and is situated at #21, 14th Street, Marlboro. This prominent property sits between Mercedes Benz Marlboro and Pharaoh Cars. The premises has excellent road exposure on South Road and excellent access to Marlboro drive, N1 and M1.

The Cape Town office has its base in a very well located, managed, and built secure sectional title office park in the suburb of Observatory, called Waverley Business Park.

Netsurit is consolidating its financial position and exacting equity from its property assets acquired many years ago, to expand the business into other countries, quote from Netsurit CEO Orrin Kloppers.

We are extremely thankful and grateful to Mike for his approach, advise and most importantly managing to secure good solid deals for us on this property disposal. We would strongly recommend him and his services to any other corporate looking to conduct a similar exercise.

The Marlboro building was sold 2 days before the auction and acquired by an Owner Occupier who will move one of his businesses into the premises and maximise the location.

The Waverley Business Park was acquired by an Investor in Cape Town on a sale and leaseback arrangement.

Get in touch with Mike Walters today - follow the link below.

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