Property Details
For Sale: Prime Industrial Property at 32 & 34 Potgieter Street, Alrode, Gauteng
Property Overview:
Address: 32 & 34 Potgieter Street, Alrode, Alberton, Gauteng
Total GLA (Gross Lettable Area): 26,645 m²
Location: Positioned in the Alrode Industrial Township, south of Johannesburg in Alberton. The property benefits from excellent exposure to Potgieter Street, a main thoroughfare, and has convenient access to key highways, including the R59 and N3, enabling connectivity throughout Gauteng.
Key Features:
Property Composition: Three warehouses forming two distinct spaces (19,500 m² and 7,200 m²)
Property Type: Warehousing and Manufacturing
Power Supply: High amperage, 3-phase power suitable for manufacturing
Eave Height: 10-12 meters
Roller Doors: 11 on-grade roller doors
Superlink Access: Yes, with ample yard space for truck maneuvering
Fire Safety: Equipped with fire sprinklers
Office Facilities: Includes an office block with boardroom facilities
Tenant Information:
Building 1
Occupied Area: 19,488 m²
Lease Expiry: 31 May 2029
Building 2:
Occupied Area: 7,157 m²
Lease Expiry: 31 March 2027
Financials & Occupancy:
Occupancy: 100% as of January 2025
WALE (Weighted Average Lease Expiry): 4.5 years
Average Escalation: 8.0% per annum
Rates and Taxes Expense: R1,257,031
Insurance Expense: R350,273
Levies: R4,861
This property at 32 & 34 Potgieter Street offers substantial warehousing and manufacturing space, fully tenanted with strong lease terms. Its ideal location, flexible warehouse configurations, and high-spec industrial amenities make it a valuable investment for industrial property portfolios.