Property
Description
Property Description
This fully-let industrial property, strategically located at 9 Springbok Road in the established Longdale industrial node, offers a compelling investment opportunity with strong fundamentals and secure income streams.
Situated on an erf measuring 8,093m², the property boasts a gross lettable area (GLA) of approximately 7,000m², configured into five well-proportioned industrial units ranging between 1,000m² and 1,400m². The layout supports flexible tenant configurations and efficient operational flow, ideal for warehousing, manufacturing, or distribution.
The asset is currently 100% tenanted by two reputable occupiers on 5-year leases, structured on essentially triple net terms. Electricity is prepaid, water is metered, and municipal charges—including rates and domestic effluent—are fully recovered from tenants. Landlord-executed maintenance is invoiced back, ensuring minimal operational exposure and predictable cash flow.
Tenant Profile:
• Deco Chair – Occupying Units 2 & 3, this long-standing tenant has maintained a presence on the property for approximately 14 years, reflecting stability and satisfaction with the premises.
• Diamond Tissue Manufacturers – Occupying Units 1, 3 & 5, this tenant complements the industrial mix with a strong operational footprint.
The property’s location offers excellent access to major arterial routes including the N1, M1, and M2 highways, enhancing logistics efficiency and connectivity to Johannesburg’s key commercial and industrial zones.
Investment Highlights:
• Erf size: 8,093m²
• GLA: ±7,000m² across 5 units
• Fully let with secure 5-year leases
• Triple net lease structure with full recovery of utilities and municipal charges
• Long-standing tenant history and diversified occupancy
• Strong industrial location with excellent transport access
This is a rare opportunity to acquire a low-maintenance, income-generating industrial asset in a high-demand node with proven tenant retention and robust lease structures.
Features
5 Year Leases In Place
2 Tenants
Fully Let
Industrial 2 Zoned
Centrally Located
5 Large individual Units
Area Description
Longdale, located in western Johannesburg, is a well-established industrial hub with excellent access to major highways such as the N1, M1, and M2. The area hosts a mix of warehousing, logistics, wholesale trade, and light manufacturing operations, with property sizes ranging from medium warehouses to large-scale facilities. It offers strong infrastructure, including high-power supply, reliable grid access, and secure industrial parks, making it attractive for businesses seeking efficient distribution and operational stability. Competitive rentals and its strategic positioning within Gauteng’s economy further enhance Longdale’s investment appeal.
Area Amenities
Bosmont Masjid 1,8km
N1 Western Bypass 2,7km
Technical High School Langlaagte 3,2lm
Netcare Garden City Hospital 5km
UJ APK Campus 5,4km