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Description:
This is a rare chance to secure a passive industrial asset in one of Gauteng’s most established logistics and manufacturing nodes. Located in central Wadeville, this 5,524m² warehouse is 100% let to a reputable blue-chip tenant on a lease exceeding seven years — ensuring dependable cash flow from day one. With a historical net operating income yield of 10.00% and a purchase consideration of R28 million (R5,070/m²), this property delivers both value and stability in a high-demand rental market.
The property itself is situated in a strategic location with excellent access to arterial routes like the N3 and N17, placing it within easy reach of Johannesburg’s transport corridors. The tenant is fully embedded, having taken occupation of the full GLA, and their long-term lease secures predictable income in a market with rising industrial rentals and low vacancy rates. For private investors, funds, or syndicates looking to add a reliable income-generating asset to their portfolio, this offering stands out for all the right reasons: solid fundamentals, low risk, and a secure tenant in place.
