Warehouse Space 8 Brigid Road, Elfindale, Diep River, Diep River

This 680m² cold storage facility in Diep River, Cape Town, presents an exceptional opportunity for investors seeking strong rental returns and owner-occupiers requiring a purpose-built cold storage and logistics hub.

With a secure lease generating approximately R90,000 per month, this property offers immediate income potential. Its strategic location, specialised infrastructure, and high-capacity storage make it a rare find in the industrial market.

Property Features and Infrastructure:

Cold Storage and Logistics Facilities

• Total erf size: 993m²
• Cold storage capacity: 680m² with a 10.86m internal ceiling height
• High-capacity pallet storage: 1,150 high-cube pallet spaces on a mobile racking system
• Optimized loading and unloading:
• 120m² loading dock for streamlined operations
• 56m² covered canopy for weather-protected handling
• Paved yard: 193m² (partially on an adjacent erf but functionally part of the property)

Power and Refrigeration Specifications

• Advanced refrigeration system:
• Four 24kW Bitzer hermetic compressors
• Eight high-efficiency blowers
• 150mm thermal insulation for optimal temperature regulation
• Reliable power supply:
• 100kW installed electricity capacity
• Peak usage of approximately 55,000 kWh per month

Investment Potential: Secure Lease and Strong Returns:

• Long-term lease in place until 31 January 2027 (early exit option available if required)
• Rental income: R90,000 per month (excluding VAT) with 8% annual escalation
• Projected net profit by February 2026: R950,000 per annum
• Municipal rates: R13,400 per month

Key Investment Highlights

High-Growth Asset in a Niche Market

• The demand for cold storage facilities is increasing due to food distribution, pharmaceutical storage, and logistics expansion.
• Limited availability of specialized cold storage facilities in Cape Town makes this a valuable investment.

Strategic Location for Logistics and Distribution

• Situated in Diep River, an established industrial hub with easy access to Main Road, the M3, and M5 highways.
• Surrounded by logistics companies, warehouses, and commercial businesses, ensuring consistent demand.

Versatile for Investors and Owner-Occupiers

• Immediate rental income with a long-term tenant in place.
• Suitable for food distribution, pharmaceutical logistics, and bulk cold storage operations.

Additional Notes for Buyers

• The property is sold as is, with refrigeration system repairs required.
• The facility is structurally sound with a well-maintained electrical system.
• Rare opportunity to acquire a high-value cold storage facility in Cape Town’s industrial sector.

For more details or to arrange a viewing, please get in touch with Stacey from Anvil Property Smith.