An exceptional opportunity is available to acquire a large, tenanted warehouse facility situated at 2 John Street, Selby, Johannesburg. This well-maintained industrial property offers a gross lettable area of approximately 19,000m2 on an expansive site of 52,120m2, providing ample space for operations, logistics, and future growth.
The property is currently leased to Kalideck Paper Distributors, a reputable national tenant, on a five-year lease effective from November 2025. This secure tenancy ensures a stable and predictable income stream, delivering an attractive yield of over 9.6%. The warehouse is offered for sale at an asking price of R115 million, presenting an excellent opportunity for investors seeking long-term industrial assets with solid returns.
The facility is designed to accommodate modern warehousing and distribution requirements. It features a 550 kVA power supply, 12-metre eave height, and a large yard area suitable for heavy vehicle movement and container access. Additionally, the warehouse is equipped with an ASIB-approved fire sprinkler system, ensuring compliance with safety and insurance standards.
Located in the established industrial node of Selby, the property enjoys excellent accessibility to major arterial routes and Johannesburg’s central business district. This prime location, combined with strong tenant covenant and quality infrastructure, makes the asset a standout addition to any investment portfolio.
For further information or to arrange a viewing, please get in touch.
