Industrial to Let in Paarden Eiland

Paarden Eiland is an established industrial suburb situated in the Western Cape, positioned directly along the coast near Cape Town's city centre. It connects via major arterial routes including Marine Drive and the M5, offering straightforward road access to the Port of Cape Town and surrounding commercial nodes. The area is also serviced by public transport links, including local bus routes and nearby rail connections.

The commercial property stock here primarily comprises older industrial units, warehouses, and multi-tenanted business parks suited for logistics, light manufacturing, distribution, and storage operations. Notable developments on record include Northgate Park, Island Centre, 28 Marine Drive, Northgate Park - Aria, The Section, Section Street Business Centre, Lusitania, and Island Business Park. Compared to inland alternatives such as Montague Gardens, Epping, Maitland, and Killarney Gardens, Paarden Eiland offers a distinct coastal location with direct proximity to the harbour.

Looking at the to let market, recorded asking rentals average around R48/m² per month, with historical asking rates having moved about 75% between 2005 and 2020 across roughly 121 listings and 60 named buildings.