Guy de la Porte, Cape Town’s most experienced industrial property broker, has successfully concluded the sale of 79 Manhattan Street in Airport Industria 2 to a private investor for R8.6 million. The transaction, which registered on 2 October 2025, represents a compelling investment opportunity in one of Cape Town’s most sought-after industrial nodes.
Property Overview
The industrial property at 79 Manhattan Street sits on an erf measuring 1,274m² with a gross lettable area (GLA) of 865m². This well-proportioned facility provides an excellent balance between land size and building coverage, offering potential for future development while maintaining functional industrial space for the current operations.
As an investment property, 79 Manhattan Street comes with an established tenant already in place. Africo Solar, a reputable import and wholesale solar business, will continue occupying the premises for their operations. With the renewable energy sector experiencing sustained growth across South Africa, securing a tenant in this industry demonstrates the forward-thinking nature of this investment.
Tenant Profile: Africo Solar
Africo Solar’s presence at the Manhattan Street property adds significant value to this investment. As an established player in the solar import and wholesale market, the company operates in one of South Africa’s fastest-growing industries. The renewable energy sector continues to expand as businesses and residential customers seek alternative power solutions amid ongoing energy challenges. Having a tenant with strong market positioning in this sector provides the investor with stability and growth potential.
The Airport Industria Advantage
Airport Industria has earned its reputation as Cape Town’s premier industrial location through decades of consistent performance. The area’s strategic positioning makes it ideal for businesses requiring efficient logistics and distribution capabilities. Located just 20km from Cape Town’s CBD, the node offers exceptional connectivity through easy access to the N2, R300, M5, and other major arterial roads.
This connectivity translates to practical benefits for businesses operating from 79 Manhattan Street and the surrounding area. Companies can efficiently reach the Cape Town city centre, the broader Western Cape region, and beyond. The proximity to Cape Town International Airport provides additional advantages for businesses involved in import/export operations or requiring frequent air travel.
The established labour markets surrounding Airport Industria represent another significant advantage. The area benefits from comprehensive public transport networks, ensuring businesses can attract and retain quality staff. This accessibility factor often proves decisive when companies evaluate potential locations for their operations.
Airport CID: Enhanced Services and Value
One of the often-overlooked benefits of investing in Airport Industria is the property’s inclusion in the Airport City Improvement District (CID). This public-private partnership delivers services that go well beyond standard municipal offerings.
The Airport CID provides enhanced safety and security measures throughout the district, creating a more secure environment for businesses and their employees. Urban maintenance services ensure the area remains well-presented and functional, protecting property values and creating a professional business environment. Marketing support helps promote the entire district, while capital improvements continuously upgrade infrastructure and amenities.
These enhanced services represent real value for property owners and tenants. The CID model has proven successful in maintaining and improving urban environments, making areas like Airport Industria more attractive to businesses and investors alike.
Expert Guidance Throughout the Process
Guy de la Porte, known as #theairportpropertyguy, leveraged his extensive experience in Cape Town’s industrial property market to bring this transaction to successful completion. His track record of concluded deals demonstrates deep market knowledge and the ability to match investors with suitable opportunities.
Airport Property’s strategic location in the heart of Airport Industria enables the team to provide rapid response to tenant, owner-occupier, and investor requirements. This proximity to the market ensures the team maintains current knowledge of available properties, market trends, and emerging opportunities.
Investment Perspective
At R8.6 million, this transaction represents a solid entry point into Cape Town’s industrial property market. The combination of an established tenant in a growth sector, excellent location fundamentals, and the additional benefits provided by the Airport CID creates a compelling investment proposition.
The renewable energy sector’s trajectory suggests Africo Solar’s business should remain robust for the foreseeable future, providing the investor with reliable tenancy. Should circumstances change, the property’s strong fundamentals—including its size, location, and connectivity—position it well for attracting alternative tenants or owner-occupiers.
Conclusion
The sale of 79 Manhattan Street demonstrates the continued strength of Airport Industria’s industrial property market. With experienced guidance from Guy de la Porte and the Airport Property team, this investor has secured a well-located asset with strong tenant credentials in a growing sector.
For investors, owner-occupiers, or tenants seeking opportunities in Cape Town’s industrial property market, Airport Property’s proven track record and strategic location make them the logical first point of contact. Their continued success in concluding deals reflects deep market expertise and commitment to client service.
Contact Guy de la Porte today to discuss your industrial property requirements in Airport Industria and surrounding nodes.
