R26 498 198 | 6254 m2 @ R4237 per m2
View more unitsHere’s a rare opportunity to acquire a solid income-generating industrial asset in Selby—one of Johannesburg’s most active logistics and manufacturing hubs. This multi-tenanted mini-industrial park spans 6 254m² of gross lettable area (GLA) and offers both scale and stability, currently sitting at 92.84% occupancy.
The property consists of 13 mini-industrial units, laid out across three rows of buildings. Units are configured primarily with open-plan warehouse or factory space, each offering approximately 6.5m height to eaves—ideal for stacking or light manufacturing. Twelve of the thirteen units feature roller shutter access, with some also fitted with pedestrian doors.
At full occupancy, the asset has delivered a historical net operating income (NOI) yield of approximately 8.7%. The asking price is R26.5 million, working out to R4 237/m²—competitive in the Selby market for multi-let industrial parks with infrastructure in place.
Site infrastructure includes:
Common use yard areas
Security on site
Transformer room
Storeroom facilities
Separate access and egress points for improved traffic flow
Strategic Location in Selby
The park is located in the southern industrial node of Johannesburg, just 3.5km from the city centre. It's positioned within close reach of major industrial zones such as Booysens, Crown Mines, and Amalgam, and sits just 0.5km from the M1 highway. This central positioning makes it highly desirable for a wide range of industrial tenants.
Nearby points of interest:
M1 Highway: 0.5km
Crown Mines: 2.3km
Booysens: 3.0km
Amalgam: 3.7km
Johannesburg CBD: 3.5km
OR Tambo International Airport: 32.8km
Snapshot for Investors:
GLA: 6 254m² across 13 units
Current Occupancy: 92.84%
Asking Price: R26.5 million (R4 237/m²)
Fully Let Yield: ±8.70% historical NOI
6.5m average height to eaves
Roller shutter access on 12 of 13 units
Secure with dedicated service areas
Looking to add a strong-performing, low-risk industrial asset to your portfolio? Let’s talk or set up a walkthrough of the property.
Mini-Industrial Units to Let or Invest In at Selby Mini-Industrial Park | 13-Unit Park Ideal for Multi-Tenant Use
Versatile mini-industrial units available for rent or investment at 39 Vlak Street in Selby. With 13 units on offer, this park presents a strong opportunity for both industrial tenants and investors seeking a well-located, income-generating property near the M1 and M2.
Selby Mini-Industrial Park offers a rare blend of accessibility, flexibility, and long-term potential—whether you’re looking to lease a single unit or acquire the full park as a multi-tenant investment. With 13 industrial units of varying sizes, the park is suited for light manufacturing, warehousing, or service-related operations. Each unit is secure and practical, with solid infrastructure that supports daily operations without unnecessary complexity.
The location makes business sense. Set just off Vlak Street in the south of Johannesburg, tenants enjoy quick access to both the M1 and M2, making logistics and staff commuting simple. Public transport routes run nearby, offering further convenience for employees. For investors, the mix of unit sizes attracts a wide tenant pool—from workshops to distribution users—making vacancy risk easier to manage. Whether you're expanding your industrial footprint or looking to diversify your property portfolio, Selby Mini-Industrial Park offers dependable returns in a high-demand node.
Security
In Park
Natural Ventilation
Roller Shutter Doors