Neat Income-Producing Mini Factory/Warehouse in Alrode South

An excellent opportunity to acquire a neat, well-maintained and income-producing mini factory, warehouse and office property in the established industrial node of Alrode South.

Positioned on a 1 000m² stand, the property offers approximately 576m² of improvements, comprising a practical double-volume workshop, ground-floor and mezzanine offices, staff facilities, additional mezzanine storage and covered external workspace. The building has been well cared for and presents as a clean, functional facility suitable for light manufacturing, engineering, storage, distribution or owner-occupation.

The main workshop provides approximately 338m² of open industrial space, complemented by around 123m² of office accommodation, staff ablutions, mezzanine storage and an approximately 63m² lean-to workshop or covered working area. The office component offers modern finishes, tiled floors, air-conditioning and a professional working environment for administration and management staff.

The property benefits from secure perimeter fencing and walls, two motorised entrance gates, paved and tarred yard areas and approximately 138m² of shade-net parking. The workshop has good internal height and practical access for vehicles, loading and day-to-day industrial operations.

Property Features

* Approximately 1 000m² erf
* Approximately 576m² total building area
* Approximately **338m² double-volume workshop
* Ground-floor and mezzanine offices
* Staff ablutions and kitchen facilities
* Additional mezzanine storage
* Covered lean-to workshop or storage area
* Secure paved and tarred yard
* Shade-net staff and customer parking
* Two motorised vehicle gates
* Palisade fencing, boundary walls and razor-wire protection
* Industrial 1 zoning
* Suitable for light manufacturing, warehousing, storage or distribution
* Convenient access to the R59, Klipriver Drive and surrounding arterial routes

The property is situated in a well-established light-industrial area approximately 8km from Alberton CBD, with convenient access to the R59 highway via Kliprivier Drive and good connections to the M61 and M566 arterial routes.

Investor Opportunity

At a monthly rental income of R23 500, the property generates:

* Annual gross rental: R282 000
* Gross yield at R2 500 000: approximately 11.28% per annum
* Monthly gross return: approximately 0.94%

This represents an attractive entry-level industrial investment with an established income stream and a professionally assessed open-market value of R2 500 000 as at May 2026. The independent valuation also records a replacement value of approximately R6.1 million including VAT, highlighting the underlying value of the improvements.

Asking price: R2 500 000, excluding VAT and transfer-related costs where applicable.

An ideal acquisition for an investor seeking a solid industrial return or a business looking to secure its own well-positioned premises in Alrode South.