Airport Property has successfully concluded the sale of 29 Mobile Road in Airport Industria 2, with the transaction registering at the Deeds Office on 31 July 2025. The R100 million deal, facilitated by Guy de la Porte, saw the transfer of this substantial industrial property to private investors following the withdrawal of an international company’s manufacturing from South Africa.
Strategic Industrial Asset Changes Hands
The property at 29 Mobile Road comprises an erf size of 30,167m² with approximately 13,300m² of building space. This sizeable industrial facility offers excellent exposure to Airport Approach Road, providing high visibility for any future tenant or operational requirements.
The sale represents a significant repositioning opportunity in one of Cape Town’s most sought-after industrial nodes. When an international company decided to exit the South African market, it created an opening for local investors to acquire high-quality industrial infrastructure in a prime location. The private investors who purchased the property have secured a substantial asset in an area known for its strong fundamentals and consistent tenant demand.
Location Advantages Drive Value
Airport Industria 2 continues to be one of the Western Cape’s premier industrial locations, and this transaction at 29 Mobile Road demonstrates why investors remain attracted to the precinct. The property’s proximity to Cape Town International Airport is a major drawcard, with the airport just minutes away via Airport Approach Road.
This location offers businesses exceptional connectivity to major transport routes, facilitating efficient logistics operations for companies involved in manufacturing, warehousing, distribution, and import-export activities. The established industrial infrastructure throughout Airport Industria provides businesses with access to essential services, skilled labour pools, and a network of complementary enterprises.
The area experiences strong tenant demand across various sectors, from logistics and manufacturing to technology and light industrial operations. This diversity of tenant interest provides investors with multiple leasing options and reduces dependency on any single sector.
Enhanced Services Through Airport CID
The property falls within the Airport City Improvement District (CID), which delivers enhanced services including safety and security, urban maintenance, marketing support, and capital improvements beyond standard municipal services. This additional layer of service delivery adds value for property owners and creates a more attractive environment for potential tenants.
The CID’s focus on maintaining high standards throughout the precinct helps preserve property values and ensures the area remains competitive compared to other industrial nodes in the Cape Town metropolitan area.
Investment Market Dynamics
At R100 million, this transaction represents a significant vote of confidence in Cape Town’s industrial property market. The acquisition by private investors underscores the enduring appeal of well-located, large-format industrial facilities in the Western Cape.
Despite global economic uncertainties and the exit of some international players from South Africa, local investors continue to identify value in quality industrial real estate. The fundamentals supporting industrial property investment remain sound: Cape Town’s position as a manufacturing and logistics hub, the Western Cape’s relatively stable economic environment, and the ongoing demand for modern industrial space from both local and international companies.
The sale of this untenanted property also presents the new owners with flexibility. They can pursue different strategies, whether leasing to a single large tenant, subdividing for multiple occupiers, or even considering owner-occupation for their own business operations. This versatility adds to the investment appeal.
Transaction Significance
Guy de la Porte’s facilitation of this deal adds to Airport Property’s track record of successfully concluded transactions in the precinct. The company’s deep understanding of the Airport Industria market and its various sub-nodes enables it to match properties with appropriate buyers and tenants efficiently.
The transaction also highlights how corporate restructuring and international companies’ strategic decisions can create opportunities in the local market. While the withdrawal of international operations might initially seem negative, it often allows for the redeployment of quality assets to investors who understand the local market dynamics and can extract maximum value from these properties.
Market Outlook
The successful conclusion of this sale at 29 Mobile Road provides a positive indicator for the broader Airport Industria market. Industrial property continues to demonstrate resilience, with investors recognising the fundamental value that well-located assets offer.
Airport Property maintains offices in the heart of Airport Industria in the Dachser building, ensuring rapid response to tenant, owner-occupier, and investor requirements. This local presence enables the company to provide insights and services that support successful transactions.
For investors and businesses seeking opportunities in Cape Town’s industrial property market, Airport Property’s portfolio of properties and history of successfully concluded deals demonstrate the firm’s capability in this specialized market segment.
The proximity to Cape Town International Airport remains a key competitive advantage for properties in this precinct, supporting both current operations and future investment value.
