R 9 950 000 | Industrial Property for Sale in Racing Park

A rare opportunity to acquire an entire industrial holding in one of Cape Town's most established industrial nodes. Comprises six warehouse-and-office units spread across three adjoining full-title erven - offered for sale by private treaty as a single, complete complex.

At a glance

* 6 industrial units across 3 adjoining full-title erven
* 3,087m² combined land extent
* Approximately 2,280m² GLA
* Configured as three near-identical 760m² components, each comprising two interlinked ±380m² units with reception, two first-floor offices, a kitchenette and ablutions
* High roller-shutter loading, double-volume warehouse height, three-phase power and wide internal driveways throughout
* Electronic gated access allows the complex to run as one consolidated operation or be let/managed as six independent units
* Well suited to warehousing, distribution, light manufacturing, engineering and trade-related occupiers

Location
Racing Park is a long-established, secure industrial precinct within Milnerton's broader industrial corridor, with direct access to Koeberg Road and fast onward connections to the N7 and N1 — putting occupiers within easy reach of Montague Gardens, Century City and the wider Cape Town metro. It's one of the city's more actively traded industrial nodes, underpinned by steady demand from logistics, distribution and trade-related businesses.

The Investment Case
At R9,950,000, the complex works out at roughly R4,360 per m² of approximate building area — below recent comparable warehouse sales in Racing Park, where similar freestanding and multi-unit industrial stock has traded in the region of R4,650–R6,430/m² - and at a significant discount to the adjoining, more established Montague Gardens node, where comparable industrial space has recently sold at roughly R9,800–R14,700/m².

On the rental side, industrial space in Racing Park currently asks in the region of R50–R60 per m² per month. If applied across the complex's approximate 2,280m² GLA - that indicates gross rental income of roughly R114,000–R136,800 per month (around R1,360,000–R1,640,000 per annum) – when rentals adjusted from current - a prospective gross ROI of 13.5–16.5% on asking price.

With three separate erven, six flexible bays and strong underlying land value, the property suits an investor looking to hold a single income-producing industrial asset, reposition and re-let it unit by unit, or simply secure a strategic landholding in a tightly held node.

Viewings strictly by appointment.