Web Ref CL129
Industrial Facility For Sale
For Sale: Industrial Properties at 56-58 Loper Avenue, Spartan, Gauteng
Property Overview:
Address: 56-58 Loper Avenue, Spartan, Gauteng
Total GLA (Gross Lettable Area): 2,591 m²
Location: Situated in Spartan, a prime industrial area in Gauteng, only 4km west of OR Tambo International Airport. The property provides easy access to the R24 highway via the Barbara Road intersection and connects to the R21 north-south arterial route.
Property Details:
56 Loper Avenue
GLA: 501 m²
Tenant: Hydradrive (lease expiring 31 May 2025)
Occupancy: 100% as of January 2025
WALE (Weighted Average Lease Expiry): 0.4 years
Annual Escalation: 7.5%
Eave Height: 3.5 meters
Roller Doors: 2 on-grade doors
Power Supply: 250 Amps
Fire Sprinklers: None
58 Loper Avenue
GLA: 2,090 m²
Tenant: PLR Logistics (lease expiring 31 May 2026)
Occupancy: 100% as of January 2025
WALE: 1.41 years
Annual Escalation: 7.5%
Eave Heights: 3.5 to 5.5 meters
Roller Doors: 2 on-grade doors
Features: Spacious warehouse with two large roller doors, mezzanine, ample natural light, covered and open parking bays.
Fire Sprinklers: None
Additional Property Features:
Total Roller Doors: 4 on-grade doors (2 per building)
Superlink Access: Possible for superlink truck reticulation
Current Occupancy: 100% across both properties
Total WALE: 1.2 years as of January 2025
Average Escalation: 7.5% per annum
These properties at 56-58 Loper Avenue offer substantial industrial space with a strong tenant profile, steady rental income, and proximity to key transport routes and OR Tambo International Airport. Ideal for investors seeking a well-positioned industrial asset with reliable lease income.
Property Overview:
Address: 56-58 Loper Avenue, Spartan, Gauteng
Total GLA (Gross Lettable Area): 2,591 m²
Location: Situated in Spartan, a prime industrial area in Gauteng, only 4km west of OR Tambo International Airport. The property provides easy access to the R24 highway via the Barbara Road intersection and connects to the R21 north-south arterial route.
Property Details:
56 Loper Avenue
GLA: 501 m²
Tenant: Hydradrive (lease expiring 31 May 2025)
Occupancy: 100% as of January 2025
WALE (Weighted Average Lease Expiry): 0.4 years
Annual Escalation: 7.5%
Eave Height: 3.5 meters
Roller Doors: 2 on-grade doors
Power Supply: 250 Amps
Fire Sprinklers: None
58 Loper Avenue
GLA: 2,090 m²
Tenant: PLR Logistics (lease expiring 31 May 2026)
Occupancy: 100% as of January 2025
WALE: 1.41 years
Annual Escalation: 7.5%
Eave Heights: 3.5 to 5.5 meters
Roller Doors: 2 on-grade doors
Features: Spacious warehouse with two large roller doors, mezzanine, ample natural light, covered and open parking bays.
Fire Sprinklers: None
Additional Property Features:
Total Roller Doors: 4 on-grade doors (2 per building)
Superlink Access: Possible for superlink truck reticulation
Current Occupancy: 100% across both properties
Total WALE: 1.2 years as of January 2025
Average Escalation: 7.5% per annum
These properties at 56-58 Loper Avenue offer substantial industrial space with a strong tenant profile, steady rental income, and proximity to key transport routes and OR Tambo International Airport. Ideal for investors seeking a well-positioned industrial asset with reliable lease income.
Features
Zoning
Industrial
Interior
Power (3 Phase)
Yes
Exterior
Security
No
Sizes
Floor Size
2,591m²
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