Fully Tenanted Industrial Investment Property – Uraniaville, Klerksdorp
Address: 26 Radium Road, Uraniaville, Klerksdorp, North West Province
Asking Price: R19,000,000 (Excl. VAT, if applicable)
Gross Lettable Area (GLA): 2,660.5 m2
Land Size: 6,770 m2
Annual Net Income: R2,024,561.41
Tenancy: Fully let to two established tenants on long-term triple net leases
Investment Overview:
An exceptional opportunity to acquire a well-positioned, income-generating industrial property in the heart of Klerksdorp’s Uraniaville industrial node. This property offers solid returns, long-term leases, and minimal landlord responsibilities – making it an ideal hands-off investment.
Situated at 26 Radium Road, the property comprises 2,660.5 m2 of GLA on 6,770 m2 of industrial-zoned land, with easy access
to major transport routes and local infrastructure.
Tenancy Details:
Tenant A
Occupies Units B1, B2 and C
Lease Commenced: 1 April 2020
Extended to: 31 March 2030
Annual Rental (Next Year): R1,505,709.41
Track record of 5+ years with commitment to long-term occupation
Tenant B
Occupies Unit A
Lease Commenced: 1 April 2017
Current Lease Expires: 1 April 2026
Annual Rental (Next Year): R378,018.34
Tenant has shown intent to sign a new 3-year head lease, extending occupation to April 2029
Lease Structure:
Both leases are structured as Triple Net Leases, with tenants responsible for all outgoings, including repairs, maintenance, rates, utilities, and insurance. This ensures predictable income and low operational involvement from the landlord.
Key Highlights:
Solid net annual income of over R2 million
Stable tenant profile with proven track records
Fully tenanted with long lease terms in place
Hands-off investment with triple net leases
Strategically located in an active industrial area
Due diligence folder available upon signing of NDA
This is a prime investment opportunity for seasoned investors looking to expand their industrial portfolio with a well-maintained, income-producing asset in a growing regional hub.
Contact us today to receive the full due diligence pack and secure this high-yield industrial property.
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