Kenings Car Hire has secured a valuable 3,000m² yard space on Montreal Drive Road Reserve in Airport Industria, in a lease agreement concluded on 1 October 2025. Airport Property is pleased to announce this successful transaction with Kenings Car Van & Truck Hire (Pty) Ltd, facilitated by Guy de la Porte, which represents another milestone in our ongoing relationship with this prominent vehicle rental company.
Strategic Location Meets Operational Needs
The leased property, located on a portion of 26A Montreal Drive, offers Kenings Car Hire a significant operational advantage. Situated within five minutes of Cape Town International Airport, the yard provides immediate access to air cargo facilities and international connectivity—critical factors for a vehicle rental operation serving both local and international clients.
This 3,000m² yard will be utilized for parking a diverse fleet ranging from standard motor cars to substantial 8-ton trucks, accommodating the varied needs of Kenings Car Hire’s extensive client base. The proximity to the airport ensures quick turnaround times for vehicle deliveries and collections, particularly for customers arriving on international and domestic flights.
Complementary Property Acquisition
What makes this transaction particularly noteworthy is that the yard was leased in conjunction with the acquisition of 2 Concorde Crescent, an office building located just around the corner. This strategic combination allows Kenings Car Hire to maintain both administrative operations and vehicle storage within close proximity, streamlining their business processes and reducing logistical challenges.
The integration of office and yard facilities within the same precinct demonstrates smart space planning and operational efficiency—qualities that have made Kenings a leader in the vehicle rental industry.
Commercial Terms and Conditions
The lease has been structured with a 3-year and 6-month term with a lease value of approximately R1.4 million excluding VAT. An annual escalation rate of 7% has been incorporated into the agreement, providing predictability for both parties while accounting for inflationary pressures and market adjustments.
A Continuing Partnership
This latest deal builds on Airport Property’s established relationship with Kenings Car Hire. Our previous successful transactions include the leasing of 8 Montreal Drive in Airport Industria 2, and notably, the acquisition of 42 Aviation Crescent in Airport City. These past successes demonstrate the trust and confidence that Kenings has placed in Airport Property’s ability to identify and secure properties that meet their specific operational requirements.
Each transaction has been carefully tailored to support Kenings’ growth strategy and operational needs, whether through leasing arrangements or property acquisitions. This latest yard lease continues that tradition of providing practical, well-located solutions.
Airport Industria’s Competitive Advantages
The Airport Industria precinct has long been recognized as the premier location for businesses requiring proximity to Cape Town International Airport. The area offers excellent road infrastructure, easy access to major transport routes, and a concentration of logistics and transport-related businesses that create a supportive business ecosystem.
For vehicle rental companies like Kenings Car Hire, these location benefits translate directly into improved service delivery, reduced transfer times, and enhanced customer satisfaction. The ability to position both office facilities and vehicle yards within minutes of the airport terminals provides a competitive edge that few other locations can match.
Looking Forward
Guy de la Porte and the Airport Property team remain committed to identifying and securing properties that deliver genuine value to our clients. Whether it’s office space, industrial facilities, or specialized yard areas, we understand the unique requirements of businesses operating in the airport precinct.
For businesses seeking property solutions near Cape Town International Airport, Airport Property offers extensive local knowledge, established relationships with property owners, and a proven track record of successful transactions. Visit our properties page to explore available opportunities, or review our past deals to see the range of transactions we’ve successfully completed.
This latest agreement with Kenings Car Hire reinforces Airport Property’s position as the leading property specialist in the Cape Town Airport Precinct, delivering practical solutions that support business growth and operational efficiency.
Broker Collaboration
This lease represents a collaboration between Airport Property and Steve Bax of Bax Properties. Airport Property regularly collaborates with like-minded brokers, such as Bax Properties, who share their ideals of professionalism, integrity, and client service. This collaborative approach ensures clients receive expert guidance throughout the property search and leasing process, drawing on the combined expertise and market knowledge of multiple specialists.
