240 Main Road Tokai has been sold on auction. This 1963 sqm prime office building fetched a price totalling R13,08m, thus giving the purchaser an excellent cost of less than R6,700/ sqm. Savile Row were the auctioneers who, in conjunction with Tony Bales, sold the property at their hugely successful launch auction in Cape Town. 650 people attended the event, where sales achieved excellent prices. Due to the national marketing campaign, purchasers attended from all over South Africa. The final purchaser was not domiciled in Cape Town.
Prime Tokai Property sold by auction – 2009-12-07