850m² Building For Sale in Maitland

Discover a standout investment opportunity in the heart of Maitland, one of Cape Town’s most established industrial hubs. Priced at R6,850,000, this property spans a generous 1,365m² ERF, comprising 850m² under roof and a valuable 312m² yard—an increasingly rare find in this sought-after area. Its strategic location and versatile layout make it an appealing option for investors seeking long-term growth potential and strong rental demand.

The property currently generates a monthly income of R57,098, with an 8.5% escalation due in April, pushing the CAP rate to over 9%. Zoned MU2, it allows for a wide range of uses and future development possibilities. With a WALE of 1.5 years, it offers both stability and flexibility for future leasing strategies. Low holding costs—rates at R5,289, insurance at R2,000, and maintenance at R2,900—further enhance its appeal. With strong demand for industrial properties that include yard space in Maitland, this asset is well-positioned for sustained rental growth and long-term value appreciation—an ideal addition to any investment portfolio.