Guy de la Porte, has successfully concluded the sale of 5 Boston Circle, a fully let industrial park in the highly sought-after Airport Industria precinct. The property, known as Boston Circle Warehouses, was sold as a going concern to a private investor for R17.1 million, with registration taking place at the Western Cape Deeds Registry on 13 October 2025.
Prime Industrial Investment Opportunity
The 5 Boston Circle property presented an attractive investment proposition from the outset. Situated on an erf of 4,074m² with a gross lettable area of 2,047m², the park comprises 11 well-maintained industrial units ranging from 148m² to 234m². The diversity of unit sizes has enabled the property to attract and retain a varied tenant mix, contributing to its strong investment appeal.
What made this transaction particularly compelling was the property’s excellent track record as a multi-tenanted facility. Several tenants have occupied their respective units for many years, demonstrating both the quality of the premises and the stability of the location. At the time of sale, Boston Circle Warehouses was fully let, with all existing lease agreements continuing under the new ownership – a significant advantage for the incoming investor who acquired an immediately income-generating asset with established tenant relationships.
Competitive Sale Process
The marketing campaign for 5 Boston Circle generated substantial interest from the investment community. The property was offered to a select group of buyers, with three parties showing particularly strong interest in acquiring the asset. This competitive environment ultimately contributed to a successful outcome, with the transaction proceeding smoothly through to registration.
The going concern nature of the sale meant that the purchaser acquired not just the bricks and mortar, but an operational business with existing cash flows and established tenant covenants. For investors seeking immediate returns without the uncertainty of vacancy periods or the need for extensive tenant sourcing, this represented an ideal opportunity.
Strategic Location Benefits
Airport Industria has long been recognised as one of Cape Town’s premier industrial nodes, and 5 Boston Circle benefits from all the advantages this location offers. The property sits within five minutes of Cape Town International Airport, providing tenants with unparalleled access to air cargo facilities and international connectivity. This proximity to the airport is invaluable for businesses involved in import/export operations, logistics, or any enterprise requiring rapid access to air freight services.
Beyond airport access, Airport Industria provides exceptional connectivity to Cape Town’s broader economic centres. The area is positioned approximately 20km from both the Cape Town CBD and the harbour, with straightforward access to the N2, R300, M5, and other arterial routes. This network of transport infrastructure ensures that businesses operating from the park can efficiently service clients across the metropolitan area and beyond.
The location also offers practical advantages in terms of labour supply and workforce accessibility. Airport Industria’s proximity to established residential areas and comprehensive public transport networks means that tenants can readily access the labour market, an essential consideration for industrial and logistics operations.
Enhanced Services Through Airport CID
An often-overlooked advantage of properties in this precinct is their inclusion within the Airport City Improvement District (CID). This initiative delivers enhanced services that extend well beyond standard municipal offerings, including improved safety and security measures, urban maintenance, marketing support, and capital improvements. For both property owners and tenants, these additional services contribute to a more secure, well-maintained, and professionally managed environment – factors that support property values and tenant satisfaction over the long term.
Expert Guidance Throughout
Guy de la Porte’s involvement proved instrumental in bringing this transaction to a successful conclusion. Known as #theairportpropertyguy, Guy’s extensive experience in the industrial property sector and his deep knowledge of the Airport Industria precinct enabled him to effectively match the property with the right investor. His understanding of both the local market dynamics and the requirements of institutional and private investors ensured that the sale process was handled professionally from initial marketing through to registration.
Those interested in reviewing Guy’s past successes can view his track record of concluded deals, which demonstrates consistent results in Cape Town’s industrial property market.
Market Implications
The successful sale of Boston Circle Warehouses at R17.1 million reinforces continued investor confidence in well-located, fully let industrial assets. In an environment where quality, income-producing properties remain in demand, this transaction illustrates that sound industrial investments with strong fundamentals continue to attract competitive interest from purchasers.
For property owners considering a sale, the 5 Boston Circle transaction demonstrates the value of engaging experienced specialists who understand the nuances of the industrial market and can execute effective marketing campaigns that generate genuine buyer competition.
To discuss your industrial property requirements or to learn more about opportunities in Airport Industria and surrounding precincts, contact Guy de la Porte directly.
