Industrial Property for Sale in Longmeadow, Gauteng
Investors hunting for income-producing industrial stock on Johannesburg’s East Rand have a date to mark: 24 June 2026. A 6,357m² fully tenanted industrial site at 17 Angus Crescent, Longmeadow Business Estate, goes under the hammer with bidding opening at R25,000,000. For a buyer who wants rental income from day one rather than a vacant shell to fill, this is the kind of opportunity that does not sit on the market for long.
Here is what makes the numbers work, what the auction process involves, and how to register before the gavel falls.
6,357m² Industrial Property for Sale in Longmeadow
The property is a A-grade industrial asset on a freehold, Special-zoned stand inside Longmeadow Business Estate in Modderfontein, one of Gauteng’s most established secure business parks. The building offers a gross lettable area (GLA) of 6,357m², with opening bids set at R25,000,000. That works out to roughly R3,933 per square metre, which is competitive for quality industrial space in this node.
The facility is modern and well configured, with an 80/20 warehouse-to-office ratio that suits logistics, distribution and light industrial operators looking for volume under roof without sacrificing usable office space. Owning the asset freehold, rather than holding it on a long lease, gives the buyer full control of the land and the building over the long term. The property forms part of a homeowners association, which maintains the estate’s shared infrastructure and security and helps protect property values across the park.
Longmeadow’s appeal comes down to position. The site has direct access to the N3 highway with seamless onward connectivity to the N1, R24 and R21, which supports efficient regional and national distribution and gives convenient reach to OR Tambo International Airport. For occupiers running distribution, light manufacturing or warehousing, that road and air access is exactly why tenant demand in this node has held firm.
Fully Tenanted Industrial Investment with a 10-Year Double Net Lease
This is not a speculative buy. The site is 100% tenanted by a single global occupier on a 10-year double net lease, producing a gross annual income of R4,341,228. Measured against the R25,000,000 opening bid, that reflects a gross yield of around 17.4%, well ahead of what most prime industrial assets in Gauteng currently return.
A double net lease means most operating costs are recovered from the tenant, so the owner is left with strong net income and minimal running costs to carry. Pair that with a decade-long lease which expires in May 2032, to an established global business and the buyer inherits a long runway of secured cash flow, rather than the uncertainty of sourcing and signing new tenants.
Solar-Powered Industrial Premises in a 24/7 Secure Estate
The building is set up to reduce operational risk on two fronts. It carries both rooftop solar power and a backup generator, so the occupier keeps running through grid outages and load-shedding while trimming reliance on Eskom and capping energy costs. On-site generation matters more with every tariff increase, and it makes the premises easier to re-let because energy security is now near the top of most occupiers’ checklists.
Security is equally robust. Longmeadow is a 24/7 access-controlled business estate with on-site security, which protects stock, staff and operations around the clock. That combination of a secure estate environment and proven investor appeal is a big part of why this node holds tenant demand and resale value. For an investor, the sustainability features and the secure setting both work to protect the long-term value of the income stream.
Industrial Property on Auction in Longmeadow Business Estate
The sale runs as a live auction on 24 June 2026 at 11:00, hosted at Nine Yards, 167 Jan Smuts Ave, Parktown North, Rosebank. Anyone planning to bid should understand the terms before raising a paddle.
Buying at auction suits this kind of asset. The format sets a clear, public deadline, puts every interested buyer on the same footing, and lets the market decide value in the open rather than through drawn-out private negotiation. For a fully tenanted building with secured income, that transparency tends to work in a serious buyer’s favour.
Before the day, it pays to do your homework. Review the lease and income schedule, arrange a viewing, line up your funding, and make sure your registration and FICA paperwork are in order well ahead of time. The Galetti auction team can walk you through the full terms, costs and registration requirements so there are no surprises when the bidding opens.
Frequently Asked Questions
Is Longmeadow a good area for industrial investment?
Yes. Longmeadow is a well-established, secure industrial node with direct N3 access and strong logistics infrastructure, which drives consistent tenant demand and makes it a reliable location for industrial investment.
What makes a strong industrial property investment?
A strong industrial investment combines location, tenant quality, lease structure and infrastructure. These factors work together to support income stability and long-term value.
Why is connectivity important for an industrial investment?
Reliable road and highway access supports efficient distribution, which keeps tenants satisfied and in place, and that retention directly underpins income stability for the owner.
How does buying an industrial property at auction work?
Investors register, bid competitively, and if successful complete the transaction immediately, which keeps the acquisition process transparent and efficient.
What costs should I consider for this industrial investment?
Buyers should budget for 10.75% on auction day, comprising of 5% deposit, 5% commission and VAT on commission, along with the applicable registration fees.
How to Register and Bid on 24 June
Want to bid? Secure your place early. You can register for the auction here and view the full listing and photo gallery.
For a private viewing, or guidance on the bidding process, speak to Guy Dowding, Auction Director of JHB Auction at Galetti Corporate Real Estate. An A-grade freehold asset, fully let to a global tenant on a 10-year lease in a high-demand node, with a double-digit yield on the table, is one to diary well ahead of 24 June 2026.
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