R 81 600 000 | warehouse property for sale in alrode

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.