Entire Warehouse, 9 Brickfield Road - Warehouse Space For Sale in Salt River

5,251m² A-Grade Freehold Warehouse for Sale at 9 Brickfield Road, Salt River

Quick Property Facts

This is a standalone, freehold A-grade warehouse for sale at 8-9 Brickfield Road, Salt River, Cape Town. The property offers a total GLA of 5,251m² of warehouse space, with no separate office component. The asking price is R11,807/m² (R62,000,000 total). The property is zoned for industrial use with a warehouse designation and does not have a sprinkler system installed. The building is fully let to BUCO, generating current gross rental income of R375,000 per month.

Key Specs and Features

The warehouse offers a dock leveller and roller shutter doors, with approximately three loading doors serving the facility and full truck articulation for larger vehicles. The yard includes 25 open parking bays, and the building has natural ventilation throughout and is wheelchair friendly. A backup generator and fibre connectivity are both available on site, though there is no sprinkler system. The building is secured with on-site security.

Need a full valuation, lease details, or property inspection details? WhatsApp Kieron Carelse and he will send it through.

Investment Highlights

This asset offers immediate, income-producing appeal for an investor: the building is fully let to BUCO at R375,000 per month, equating to a gross initial yield of approximately 7.3% on the R62,000,000 asking price. The freehold title, A-grade specification and single-tenant simplicity make this a straightforward hold for an income-focused buyer, while the scale, dock leveller and truck articulation would also suit an owner-occupier in urban logistics, light manufacturing or distribution should the building become vacant in future.

Location Highlights

9 Brickfield Road sits in Salt River's established industrial corridor, moments from the N1 and M4, giving efficient freight access to Cape Town's CBD, the harbour and the Southern Suburbs. The building is close to both Victoria Road and Albert Road, key arterial routes through the precinct. Salt River railway station, and the co-located MyCiTi Salt River Rail stop, are within approximately 800m of the property, giving staff practical commuting options by rail or bus rapid transit. Learn more about industrial property for sale in Salt River, including transport links and market trends.

Frequently Asked Questions

What is the current occupancy status?
The building is fully let to BUCO, generating gross rental income of R375,000 per month.

What yield does the asking price reflect?
Based on the current rental income, the asking price reflects a gross initial yield of approximately 7.3%.

Does the building have backup power or a sprinkler system?
There is no sprinkler system installed, but fibre connectivity is available.

When can the property be inspected?
Viewings are available by appointment only, arranged through Kieron Carelse.

Broker Insight

"Fully let, freehold warehouses of this scale rarely come up in Salt River. With BUCO paying R375,000 a month across the full 5,251m², a buyer is looking at a gross yield of around 7.3% on the R62 million asking price from day one, in a precinct where good quality industrial stock remains tightly held."

Ready to Purchase?

This freehold, fully let warehouse is positioned as a straightforward income-producing investment in one of Cape Town's most connected industrial precincts, or a future owner-occupier opportunity in urban logistics or light manufacturing. Contact Kieron Carelse at ANVIL Property Smith to discuss purchase terms, arrange a by-appointment inspection, or request the lease details for BUCO's tenancy, or WhatsApp Kieron Carelse directly for further marketing materials.