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R155,000,000

38 Denne Road,

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Premium Industrial Investment Opportunity Witfield, Jet Park

Strategically positioned in the heart of Boksburg's industrial corridor, **GRW Jet Park** presents a rare opportunity to acquire a high-income generating industrial asset with an established tenant in place. Located just 9 km from OR Tambo International Airport, and accessible via the N12 and M44, this property sits within a vibrant logistics and industrial hub surrounded by notable neighbours like Atlas Copco, Volvo Trucks, FedEx Express, and Glo Industries.

Property Features
Erf Size: 29,272 m² (two consolidated erven)
Gross Building Area: ±6,681 m²
Zoning: Industrial – Warehouse & Office
Address: Erf 719 & Rem Ext of Ptn 348, 38 Denne Road, Witfield Ext. 35

Improvements & Facilities
Warehouse with multiple roller shutter doors & gantry crane
Admin Offices: 1,590 m²
Showroom: 432 m²
Workshops, Stores & Gatehouse: 4,609 m² (combined)
Expansive Yard: ±23,455 m² for seamless logistics and operations

Lease & Investment Information
Tenant: GRW Commercials (Pty) Ltd
Lease Type: Triple Net Lease
Lease Term: Until 31 July 2029
Net Monthly Rental (as of Sept 2025): R1,151,825
Annual Escalation: 8%

Investment Highlights:
Secure income with an established tenant
Prime logistics location within Johannesburg’s industrial nucleus
Significant yard and warehousing capabilities
Long-term lease with attractive escalations
Modern, well-maintained facilities suited for distribution and manufacturing

It is an ideal acquisition for industrial investors seeking security, scale, and strategic positioning in Gauteng’s high-demand commercial landscape.

Features

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0
Zoning:
Industrial
Exterior
Security
No
Sizes
Floor Size
6,618m²
Land Size
29,272m²
Extras
Warehouse • industrial
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

2,113,249.55

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