The property surrounding Cape Town International Airport has become extremely sought after as an investment. This is an international trend driven by the growing need for logistics tenants to be close to major Airports because of the massive growth in online shopping.
Commercial and industrial property demand, from both upcountry and Cape Town tenants, owner occupiers and investors for Airport Property is increasing and supply is limited. This should translate into good capital gains in the future.
Airport Industria has the established, Airport Industria Improvement District (CID). This organisation has made significant gains in making the area clean and safe for business. You can view their website here
On the industrial side, the Airport area is predominantly occupied by businesses that need quick access to the Airfreight terminal such as courier, logistics and freight companies. There are also a growing number of logistics companies that do very little or no airfreight business, yet they have chosen to locate in the Airport industrial area due to its close proximity to labour and the N2 motorway, which provides quick access to Cape Town CBD. Airport City is considered the most desirable area in the Airport as it is the newest area with modern buildings and controlled access.
The Airport is situated in Cape Town’s Central industrial property node which includes Epping and Parow Industria, which are very close to the Airport and often seen as good alternative industrial locations to the Airport.
From a commercial property point of view, there are a few office buildings located in the Airport area which offer good accommodation and generous parking, at competitive rates. The Airport is becoming more popular for businesses that have executives and staff that regularly use air travel. It is also popular with businesses, whose staff and owners live in Somerset West, as it considerably reduces their commute. If you are looking for office accommodation in the Airport area, you can search this website for alternatives or contact us and we will do our best to assist you.
The Airports Company (ACSA) owns most of the property around the Airport which accommodates car hire companies and businesses that require on-site access to Cape Town International Airport. There are plans to develop the land surrounding the airport and this will continue to grow into one of Cape Towns main business locations.
There are also two Hotels close to the Airport, being the Cape Verde Hotel and the Road Lodge, Cape Town International Airport. More Hotels will be developed close to the Airport in the future, as demand increases from business travellers and tourists.
If you are looking for a warehouse or factory to rent or buy in the Airport Industrial area, Airport Property or if you would like to invest in Airport Property, we will do our best to match you with the ideal property. For tenants, if the ideal property does not exist, we can have it developed to suit your business.