Deal Concluded: August 19, 2025
We’re pleased to announce the successful conclusion of a strategic lease agreement with Airport Parking Service (APS), one of Cape Town’s premier airport parking and valet service providers.
As the travel industry continues to recover and grow, the demand for reliable airport parking solutions increases. APS stands out by offering exceptional facilities that cater to the varied needs of travellers. Our strategic lease agreement with APS highlights the importance of investing in quality services that enhance passenger experience.
This lease agreement significantly enhances the availability of quality Airport Property in the region, ensuring that travellers have access to the best Airport Property options to meet their needs.
This enhancement in airport parking availability not only benefits travellers but also supports the local economy by creating jobs and encouraging business growth in the Airport Industria area. The strategic location of the facility allows APS to serve a diverse clientele, including business travellers, vacationers, and airport staff.
Transaction Overview
Tenant: Airport Parking Service (APS)
Property location: 12 Boston Circle, Airport Industria
Monthly rental: R35,000 (excluding VAT)
Lease term: 3 years
Annual escalation: 7%
Date concluded: August 19, 2025
The monthly rental rate reflects the competitive landscape for commercial properties in the area. With a lease term of three years, both APS and the property owners can expect stability and consistency in their operations and financial planning. The annual escalation of 7% ensures that the property remains a valuable asset over time.
Property Specifications
This exceptional industrial property offers an ideal combination of covered and outdoor space perfectly suited for automotive services.
The 510m² warehouse space is designed with flexibility in mind, accommodating various automotive services, from basic repairs to full detailing. The expansive 1,305m² outdoor area provides ample space for vehicle storage and movement, which is crucial for operational efficiency in a busy airport setting.
- Warehouse space: 510m² of covered facilities
- Yard space: expansive 1,305m² outdoor area
- Total property size: 1,815m²
Key Features & Amenities
The property has been specifically designed to accommodate high-volume vehicle operations:
These features are vital for maintaining high customer satisfaction. In addition to these amenities, APS plans to implement eco-friendly practices within the facility, further demonstrating their commitment to sustainability and responsible operations in the airport parking industry.
- Professional car washing facilities: fully equipped on-site washing stations
- Extensive shaded parking: numerous covered parking bays to protect vehicles from the elements
- Secure yard space: large outdoor area suitable for vehicle storage and manoeuvring
- Industrial infrastructure: purpose-built facilities designed for automotive service operations
Strategic Location Advantages
Location is everything in the airport parking industry, and this property delivers exceptional accessibility:
As travellers seek convenience, the proximity to Cape Town International Airport offers APS a unique competitive edge. Being just a five-minute drive away, customers can easily access the facility, ensuring a seamless experience from the moment they arrive.
- 5 Minutes from Cape Town International Airport: positioned within a short drive from Cape Town International Airport, providing optimal convenience for travellers
- Airport Industria hub: situated in the heart of Airport Industria, a well-established commercial node serving airport-related businesses
- Easy access routes: excellent connectivity to major transport routes serving the airport precinct
Intended Use
This facility will also support the growing demand for short-term parking solutions, catering to travellers who need quick access to the airport without the hassle of long-term commitments. Furthermore, the valet services offered by APS ensure that customers enjoy a stress-free experience, freeing them from the worry of finding suitable parking on their own.
APS Airport Parking Service will utilize this facility to expand their comprehensive airport parking and valet service operations, providing travellers with:
- Secure long-term and short-term parking solutions
- Professional valet services
- Vehicle washing and detailing during parking periods
- Protected, shaded parking options
Deal Highlights
This lease agreement represents a perfect alignment between property and purpose:
The long-term commitment established through this lease agreement lays the groundwork for future collaborations and growth opportunities. By fostering a strong partnership between APS and the property owners, both parties can work together to adapt to the evolving needs of the market, ensuring continued success.
- Long-term commitment: three-year lease term provides stability for both parties
- Favourable escalation: 7% annual escalation ensures predictable cost management
- Turnkey facility: property comes equipped with essential infrastructure for immediate operations
- Growth opportunity: ample space allows for service expansion and increased capacity
About the Transaction
This deal was expertly concluded by Guy de la Porte, demonstrating his deep understanding of the Airport Industria market and his ability to match specialized businesses with ideal properties.
Guy de la Porte’s expertise in the Airport Industria market played a crucial role in facilitating this transaction. His ability to understand the nuances of the local property landscape has strengthened the connection between specialized businesses like APS and ideal commercial properties tailored to their needs.
The transaction showcases the continued strength and demand in the airport-adjacent commercial property sector, particularly for facilities that serve the needs of travellers and airport-related businesses.
This transaction not only showcases the resilience of the airport-adjacent commercial property sector but also highlights the growing importance of quality service provision in enhancing traveller experiences. Properties that can adapt to the needs of both businesses and consumers will continue to thrive in this competitive environment.
For more information about available properties in Airport Industria or to discuss your commercial property needs, please contact Guy de la Porte.
As we look ahead, it is essential for property owners and businesses alike to recognize the opportunities that exist in the airport-related real estate market. By leveraging strategic leases and investing in quality properties, stakeholders can play an integral role in shaping the future of airport property services.
In conclusion, the lease agreement with APS Airport Parking Service marks a significant milestone for Airport Property. As operations expand and customer needs evolve, this facility is poised to become a cornerstone of excellent airport services in the region.
