Property
Description
Property Description
An excellent opportunity to acquire two adjoining industrial warehouses in the established Strand industrial area. The properties offer substantial industrial space, with one warehouse currently tenanted and the second accommodating a charcoal factory. Both properties offer generous warehouse space suitable for a range of industrial applications, including manufacturing, storage, distribution, logistics and general industrial operations. Their convenient location and proximity to major transport routes, including the N2, add to their investment appeal.
PROPERTY 1: INDUSTRIAL WAREHOUSE – ERF 10801.
Erf Size: 3,919 m².
Covered Area: Approximately 2,780 m².
Current Rental Income: R120,000 per month + VAT.
Annual Rental Escalation: 8%. Occupancy: Currently tenanted.
Property Features:
Two roller shutter doors for efficient loading and unloading.
Excellent ceiling height and good height to the eaves.
Three-phase electricity.
Spacious paved yard for vehicle circulation, parking and deliveries.
Incorporated offices.
Ablution facilities and kitchenette.
Convenient access for deliveries and distribution.
Strategically located close to the N2.
The warehouse offers substantial open-plan industrial space suitable for storage, manufacturing, distribution and logistics operations. Its generous floor area, roller shutter access and paved yard provide practical functionality for day-to-day industrial activities, while the incorporated offices and staff facilities support efficient business operations. The property is currently tenanted, generating a rental income of R120,000 per month, excluding VAT, with an annual escalation of 8%. The existing tenancy provides an established rental income stream for investors seeking an industrial property with an income-generating component.
PROPERTY 2: INDUSTRIAL WAREHOUSE – ERF 10802
Erf Size: 3,145 m².
Covered Area: Approximately 2,141 m².
Rental Potential: R90,000 per month + VAT.
Annual Rental Escalation: 8%. Current Occupant: Charcoal factory.
Situated directly adjacent to the first warehouse, this industrial property accommodates a charcoal manufacturing operation.
The warehouse offers substantial covered space suitable for manufacturing, storage, warehousing and other industrial applications, subject to the relevant approvals and operational requirements. The property presents an opportunity for investors seeking an industrial asset with an existing industrial occupier and potential rental income. The proposed rental is R90,000 per month, excluding VAT, with an annual escalation of 8%.
COMBINED INVESTMENT OPPORTUNITY
The two adjoining warehouses offer investors the opportunity to acquire a substantial industrial holding within the Strand industrial area.
Investment Summary – Property 1 / Property 2 / Combined: Erf Size 3,919 m² / 3,145 m² / 7,064 m².
Covered Area 2,780 m² / 2,141 m² / 4,921 m².
Monthly Rental R120,000 / R90,000 / R210,000.
Annual Rental R1,440,000 / R1,080,000 / R2,520,000.
Annual Escalation 8% / 8% / 8%
Property 2's rental is a proposed rental amount. Combined figures assume both properties achieve their stated rental amounts.
The two properties offer a combined erf size of approximately 7,064 m² and a total covered area of approximately 4,921 m². With one established rental income stream and further rental potential from the adjoining warehouse, the properties present an attractive opportunity for investors seeking exposure to the industrial property market. Location: Strand Industrial Area, Western Cape
Features
Zoning: Industrial 1
Combined erf size: 7 064 m² (Erf 10801: 3 919 m² + Erf 10802: 3 145 m²)
Combined covered area: approximately 4 921 m² (2 780 m² + 2 141 m²)
Property 1 (Erf 10801): currently tenanted at R120 000 per month + VAT, 8% annual escalation
Property 2 (Erf 10802): charcoal factory occupant, proposed rental R90 000 per month + VAT, 8% escalation
Combined rental (if both achieve stated amounts): R210 000 per month / R2 520 000 per annum
Two roller shutter doors (Property 1)
Excellent ceiling height and good height to the eaves
Three-phase electricity
Spacious paved yard for vehicle circulation, parking and deliveries
Incorporated offices
Ablution facilities and kitchenette
Strategically located close to the N2
Area Description
The Strand industrial area is an established industrial node in the town of Strand, within the Helderberg basin of the City of Cape Town, Western Cape. The area is characterised by warehousing, manufacturing, distribution and general industrial activity, and is valued for its convenient position and proximity to major transport routes. The subject properties front Broadlands Road in the Broadlands industrial precinct, with good access to the N2 highway and the R44, linking the Helderberg towns of Strand, Somerset West and Gordon's Bay and connecting to the greater Cape Town metro. Everyday amenities, shopping centres and medical facilities are available in and around Strand and Somerset West, including Strand Square, Somerset Mall and area hospitals. The combination of an established industrial setting, substantial accommodation and strong transport connectivity makes it well suited to warehousing, manufacturing and distribution operations.
Area Amenities
Copeland Memorial Hospital, Strand – approximately 2.8 km
Strand Square – approximately 3.6 km
N2 highway (nearest access) – approximately 3.6 km
Helderberg Hospital, Somerset West – approximately 5.4 km
Somerset Mall, Somerset West – approximately 6.0 km