2 591 m² Industrial space in Spartan

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.