Industrial Opportunity Elsies River On Auction: 11 Starck Road, Goodwood
Elsies River Industrial, Western Cape
Industrial On Auction, 2110m2 @ POA
Industrial Opportunity Elsies River Industrial
Live Auction: 4 December 2025!
This exceptional industrial property presents a lucrative investment opportunity, boasting a potential nett annual income of R1,267,265. With a diverse tenant mix that includes warehouses, retail, and office spaces, the property provides an immediate and stable income stream, while offering excellent upside potential through strong rental demand. Each component is designed for functionality and efficiency, appealing to a wide range of businesses seeking quality premises in a well-maintained environment. The combination of tenanted and flexible spaces ensures both income security and growth potential for savvy investors.
The property further impresses with its well-kept interiors and practical infrastructure, making it a turnkey investment. Warehouses feature generous ceiling heights between 3.7m and 4m, ideal for storage, light manufacturing, or distribution operations. A reliable 3-phase electrical supply—with prepaid options and walk-in safes—supports operational efficiency and security for tenants. In addition, ample on-site parking and paved yard areas provide convenient access for staff, visitors, and logistics needs. Altogether, this property represents a rare blend of immediate returns, low maintenance requirements, and long-term capital growth potential in the industrial real estate market.
Key Features
• Potential net annual income: R1,267,265
• Mixed tenancy: warehouses, office, and retail
• Erf Size: 2,920m² | GLA: 2,110m²
• Good ceiling heights: 3.7m–4m
• 3-phase electrical supply with prepaid options & walk-in safes
• Ample parking and paved yard space
• Well-maintained buildings and interiors
• Monthly Rates: ±R8,573
Located in the sought-after industrial hub of Elsies River Industrial, the property enjoys excellent exposure and accessibility from 11 Starck Road, a key route connecting to major arterials in the area.
Auction Terms & Buyer Info
• Buyer Costs: 16.5% payable on auction day
• Registration Fee: R50,000 (live/venue) | R100,000 (online/telephonic)
All bids are legally binding. The highest bidder must sign the Auction Sale Agreement immediately; failure to do so results in forfeiture of the registration deposit. Property is sold voetstoots, with no warranties, and bidders must provide valid FICA documentation before registering. The sale is subject to a reserve price unless stated otherwise.