Prime income-producing industrial investment with exceptional expansion potential.
Situated at 20 Morning Star Road, Cape Town, this substantial 2.99-hectare General Industrial property offers a rare combination of established income, full occupancy and significant undeveloped land.
The existing operation comprises 295 fully occupied storage units, generating approximately R4.6 million per annum, together with 10 undercover bays, a tower lease and additional storage/container/land income.
Total gross annual income: approximately R5.75 million.
The property further offers approximately 1.6 hectares of undeveloped industrial land, creating substantial potential for future expansion through additional storage facilities, warehousing, manufacturing or distribution space, subject to the necessary approvals.
Key Features
2.99 hectares of General Industrial land
295 storage units – 100% occupied
10 undercover bays
Tower lease income
Additional storage/container/land income
±R5.75 million gross annual income
±1.6 hectares of undeveloped expansion land
Development potential subject to municipal approvals
Strategic position within the Morning Star industrial growth corridor
Solar and other supporting infrastructure
With proven rental income and significant development upside, this property presents an attractive opportunity for investors seeking immediate cash flow combined with long-term capital growth and expansion potential.
Further financial, title and zoning documentation is available to qualified prospective purchasers. Viewing and detailed information strictly by appointment.