Investment Opportunity - Stand 187, Northlands Business Park, North Riding - Warehouse Space For Sale in North Riding
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Listing Details
| Rate | R9667 / m² |
|---|---|
| Size | 1655 m² |
| Address | 1 Olympic Duel, Northlands Business Park, Randburg |
| Area | North Riding |
1,655m² Warehouse Investment for Sale in Northlands Business Park, North Riding, Tenant in Place with 10.13% Yield This income-generating industrial property is located in the established Northlands Business Park, North Riding, offering investors a secure asset with a tenant in place on a long-term lease. The property combines functional warehousing with a well-appointed...
1,655m² Warehouse Investment for Sale in Northlands Business Park, North Riding, Tenant in Place with 10.13% Yield
This income-generating industrial property is located in the established Northlands Business Park, North Riding, offering investors a secure asset with a tenant in place on a long-term lease. The property combines functional warehousing with a well-appointed office and showroom component, suited to modern logistics, light manufacturing, or hybrid commercial operations.
Quick Property Facts
Property Type: Warehouse with Office and Showroom
Location: Northlands Business Park, North Riding, Johannesburg
Total Size: 1,655m²
Lease: 3-year lease in place plus 2-year renewal option
Yield: 10.13%
Occupation: Fully let
Power & Utilities: Full solar and water backup systems
Key Specs & Features
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Open-plan warehouse floor
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Two roller shutter doors
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Dock-leveler access
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Professional office component
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Ample on-site parking
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Secure access-controlled park
Investment Overview
This industrial property for sale in North Riding offers a stable return with a tenant already secured on a 3-year lease, including an additional 2-year renewal option. The current yield of 10.13% positions the asset competitively within the North Riding industrial market, appealing to investors seeking predictable income and reduced vacancy risk. The inclusion of full solar power and water backup further enhances long-term operational resilience and tenant retention.
Warehouse & Facility Details
The warehouse component is fully open-plan, allowing efficient racking, storage, or production layouts. Two roller shutter doors combined with a dock-leveler support smooth logistics and dispatch operations. Natural light, staff canteen facilities, kitchenettes, and shower amenities improve day-to-day usability for warehouse staff and management.
Office and Showroom Component
The front-of-house area includes a welcoming reception, six private offices, and open-plan workspaces that can function as administration or showroom areas. Male and female bathrooms and kitchenettes are available on both floors, supporting a professional working environment suitable for client-facing operations.
Ideal Tenant Profile
The property is well suited to distribution companies, light manufacturing businesses, wholesalers, or retail-focused operators requiring showroom space with integrated warehousing. Its flexible layout supports businesses with combined sales, admin, and logistics functions, making it attractive to long-term tenants.
Location Highlights
Northlands Business Park is a secure and well-known industrial node in North Riding, offering convenient access to Malibongwe Drive, the N1 highway, and surrounding commercial hubs. The area remains popular with industrial occupiers due to its accessibility, security, and proximity to key residential and business districts in northern Johannesburg.
Broker Insight
“Industrial properties in Northlands Business Park remain in high demand, especially those offering strong yields and backup infrastructure. A tenant in place with solar and water systems already installed makes this a low-risk, income-focused investment.”
— Anvil Property Smith Industrial Broker
Ready to View or Review the Numbers?
Contact Anvil Property Smith today to discuss this warehouse investment for sale in North Riding, request lease details, or arrange a site inspection of this income-producing industrial asset.
| Feature | Details |
|---|---|
| Internet |
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| Security |
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| Backup Generator |
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| Water Backup |
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| Standalone |
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| In Park |
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| Natural Ventilation |
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| Balcony |
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| Roller Shutter Doors |
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| Dock Leveller |
|
Building Description
Northlands Business Park is a well-located industrial property in North Riding designed for logistics and light industrial users.
Positioned at the corner of New Market and Olympic Duel Roads, the park offers easy highway access via Malibongwe Drive to the N1.
This business park in North Riding supports efficient distribution with full super-link truck reticulation.
The development functions as a high-performance warehouse facility in North Riding with strong operational flow.
Modern, refurbished office components provide a professional workspace for admin and client-facing teams.
24-hour access control and guarding ensure a secure business park environment.
Ample on-site parking accommodates staff and visiting clients with ease.
Well connected to surrounding public transport routes, improving workforce accessibility.
Surrounded by established industrial and commercial users, reinforcing its role as a logistics hub in North Riding.
Best suited to logistics operators, e-commerce businesses, wholesalers and light manufacturers requiring scalable space.
Bradley Lawrenson
Leasing specialist
Bradley Lawrenson is your broker for North Riding. Get in touch to arrange a viewing or discuss lease terms.
Enquire
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