Office space is not currently recorded in this area, with no active supply or rental activity during July 2026.
Market Activity this area shows no office market presence at present, with no recorded office space stock available for analysis in this period.
Retail space is not currently recorded in this area, as the node is classified as non-retail with no active supply or rental activity during July 2026.
Market Activity this area shows no retail market presence at present, with no mall or street front retail stock available for analysis in this period.
Industrial space achieved rentals of R74 - R120/m² (USD: 6 - 4/m²) during July 2026, with available stock currently at 10 019 m². This segment continues to reflect demand for high-quality industrial property.
Market Activity industrial space continues to show stable demand across logistics, warehousing, and light manufacturing nodes, with absorption trends supported by ongoing supply constraints in key industrial corridors.
Rental figures exclude VAT.
Industrial and Warehouse Space in Airport Industria: What Tenants Need to Know
Airport Industria occupies one of the most commercially advantageous positions of any industrial node in South Africa. Cape Town International Airport's freight terminal is within a 2 km radius, Table Bay Harbour is approximately 15 minutes away, the Cape Town CBD is a short drive via the N2, and the R300 provides direct connections to the Northern Suburbs, the Southern Suburbs and the national highway network. For businesses that move time-sensitive cargo by air, operate integrated sea and road freight supply chains, or need reliable distribution coverage across the full Cape Town metro, no other node delivers this combination of infrastructure access in a single location.
Airport Industria consists of two distinct areas, divided by the airport approach road. The first industrial area to be established was the area north of the approach road. The node has since expanded substantially, and today it comprises several distinct precincts including Airport Industria 1, Airport Industria 2, Airport City and King Air Industria, each with its own building stock, specification level and tenant profile. Of these areas, Airport Industria 1 is the oldest and King Air Industria is the newest. The new industrial estates are preferred by large logistics companies, which prefer a modern environment with new buildings that are both environmentally friendly and therefore lower in operating costs.
Current rental rates in Airport Industria reflect the node's premium positioning and the diversity of its building stock. Entry-level units in established business parks such as CTX Business Park on Freight Agents Road are available from approximately R105 per square meter per month for units from 204 square meters. A-grade warehouses at 32 Montreal Drive in Airport City are available at R120 per square meter per month on a triple net basis for facilities of 5,242 square meters of ground-floor warehouse and 604 square meters of first-floor office. AAA-grade facilities at 2 Gulfstream Avenue in Airport City are available at approximately R114 per square meter per month for 4,209 square meters of premium warehouse space. New-build spec warehouses at King Air Industria on Cessna Road are available from R115 per square meter per month for facilities from 7,280 square meters, delivered to turnkey specification with centralised sprinkler systems, high eave clearance and full access control.
The Airport Industria Investment Case: What Landlords and Investors Should Know
Airport Industria is one of Cape Town's most tightly held industrial investment markets and one of the strongest performing commercial property nodes in the country. The investment case rests on three structural pillars that are not going to change: location adjacency to the only international airport in the Western Cape, direct access to the N2 and R300 highway network, and proximity to Table Bay Harbour within 15 minutes. These three factors create a permanent demand floor for industrial space in this node that no other Cape Town location can replicate.
Airport Industria remains one of the most constrained logistics nodes in the province. Logistics operators that depend on time-sensitive cargo movement simply cannot replicate that connectivity elsewhere without sacrificing efficiency. This operational dependency is the core of the Airport Industria investment thesis. Tenants in this node are not choosing it on price, they are choosing it because their supply chain requires it. That level of operational necessity translates directly into strong lease renewal rates, lower vacancy exposure and sustained rental growth that reflects genuine demand rather than speculative inflation.
Airport Industria and Parow Industria are preferred destinations for logistics connectivity in Cape Town's industrial corridor. As Cape Town's industrial vacancy dropped to 3.2% in Q2 2025, the tightest of any major South African metro, and rental growth hit 14% to 15% year-on-year, Airport Industria has been among the primary beneficiaries. Capitalisation rates for industrial leasebacks remained stable in early 2025, with investors typically seeking a net income yield of 9.4% for prime industrial assets backed by long-term leases. Cape Town stood out as a region where capitalisation rates have seen the most improvement, boasting the lowest cap rates in the country
The most significant institutional endorsement of Airport Industria's long-term investment credentials is King Air Industria. Leading property investors Atterbury Property and Old Mutual Properties commenced the development of the King Air Industria park, just minutes from Cape Town International Airport. The development represents a R3 billion investment in the Mother City and took more than three years of careful planning. The scale of this commitment by two of South Africa's most sophisticated institutional property investors is a clear signal of the node's long-term viability and its capacity to attract the highest-quality tenants at the top of the rental range.
Airport Industria: A Complete Industrial Property Guide
Airport Industria is Cape Town's premier logistics and industrial node and one of South Africa's most recognised industrial property addresses. It has served Cape Town's freight, distribution and manufacturing economy for several decades, and the R3 billion King Air Industria development has confirmed its transition from an established but ageing industrial suburb into a world-class logistics precinct capable of competing with the best industrial parks on the continent. This guide gives you a factual view of the node — its geography, its precincts, its key parks, its market conditions and what to expect whether you are leasing, buying or investing here.
Location and Geographic Boundaries
Airport Industria is situated in Matroosfontein, to the east of the Cape Town CBD and immediately adjacent to Cape Town International Airport. Over and above the obvious proximity to Cape Town International Airport, Airport Industria boasts easy access to the N2 north and south, Robert Sobukwe Road and Borcherds Quarry Road. The M12 on the northern boundary of Airport Industria makes quick work of a trip to other industrial areas like Parow and Elsies River Industrial. The R300 provides direct connections to the Northern Suburbs, the Southern Suburbs, the national highway network and Epping Industria.
The node's geographic positioning places it at the convergence of Cape Town's primary freight corridors. Cargo moving by air arrives or departs 2 km away. Sea freight moves through Table Bay Harbour 15 minutes north via the N2. Road freight connects south to the Eastern Suburbs and the Winelands, north to the Northern Suburbs and the N1, and west to the CBD and the Foreshore. No other Cape Town industrial node sits at the intersection of all three modes simultaneously, which is the fundamental reason that freight and logistics businesses consistently choose Airport Industria over alternatives at comparable rental rates.
The Precincts of Airport Industria
Airport Industria operates across several distinct precincts, each at a different stage of development and serving different tenant types and operational requirements. Airport Industria 1 is the original and most established precinct, located north of the airport approach road. It contains the node's oldest building stock, including freestanding warehouses and smaller industrial units along Aviation Crescent, Manhattan Street and Mobile Road. The buildings here range from older functional warehouses suited to storage, light manufacturing and trade businesses through to upgraded A-grade facilities that attract logistics and distribution tenants. Asking rentals in the established precinct reflect the age of the stock, older units are available at the lower end of the rental range, while upgraded or refurbished facilities command A-grade pricing.
Airport City is the mid-generation precinct of Airport Industria, developed during the 2000s and early 2010s along Montreal Drive, Gulfstream Avenue and related streets. Buildings in Airport City represent the most active trading precinct within the broader node, with a mix of A-grade and AAA-grade logistics and warehouse facilities suited to national distribution businesses, cold chain operators and logistics companies requiring modern specifications at a central airport address. CTX Business Park on Freight Agents Road is one of the most active business parks in this precinct, offering a range of unit sizes from 204 square metres in a high-security environment designed specifically for freight and logistics operations.
King Air Industria is the newest and most ambitious precinct in the node, a 70-hectare industrial park developed close to Cape Town International Airport on the former King David Golf Course site, offering purpose-built warehousing and distribution buildings to satisfy the international demand for modern logistics buildings close to international airports. King Air Industria is situated very close to Cape Town International Airport's freight terminal and is 15 minutes from Table Bay Harbour, making it ideal for air, sea and road freight. The total site allows for approximately 280,000 square metres of distribution, warehousing, showroom and office accommodation. King Air Industria offers centralised sprinkler tanks that provide a massive cost saving for owners and occupiers of these properties. A large international data centre is one of the anchor tenants of King Air Industria, reflecting the growing competition between the technology sector and traditional logistics for large-format, well-specified industrial space close to major airports.
Skyhawk Close, the latest industrial park development in Airport Industria 1 on King Air Boulevard, is scheduled for availability from June 2026, offering units from 2,000 square meters to 8,000 square metres with the flexibility to combine spaces, bringing the newest generation of industrial specification into the established precinct.
Rennie Knight Frank operates across the full Cape Town CBD market. We give you direct access to available listings, market intelligence and professional advisory support backed by the global Knight Frank network. Contact our Cape Town team to discuss your requirements.
Key Business Parks
CTX Business Park on Freight Agents Road is one of the most active and best-regarded business parks in Airport Industria, designed specifically with freight and logistics businesses in mind. It offers units from 204 square metres in a high-security environment with CCTV and access control, and attracts courier businesses, import agents, freight forwarders, specialist distributors and service companies that need a central airport address at an accessible entry cost.
Pro Dev Park at 113 Aviation Crescent in Airport City offers mid-sized industrial units from 218 square metres suited to a range of light industrial and logistics users, with direct access to the Airport City road network and close proximity to the N2.
Ruco Business Park at 18 Boston Circle offers well-maintained light industrial units from 204 square metres in a neat and functional format suited to small business operations, trade businesses and service companies that want a managed, secure environment at a competitive rental.
King Air Industria on King Air Boulevard and Cessna Road represents the flagship of the Airport Industria market, with turnkey warehouses from 1,500 square metres to 50,000 square metres available on build-to-spec, joint venture and standard lease structures, all within a 2 km radius of Cape Town International Airport's freight terminal.
Key Industries and Major Tenants
Among the leading companies located in Airport Industria are Caltex, Avis, Tacoma Foods, Total, Pro Spec Auto Tools, Cargo Logistics, Kimix Chemical and Lab Supplies, Superlube, Boland Express Couriers, Rhino Marine Products and C-Pack Packaging Solutions. The Motor Vehicle Registration Centre and the Western Province Blood Transfusion Services are also located in the area. Major users in the area include Distell, NGK Ceramics and Stefanutti Stocks.
The list of property owners and tenants in Airport Industria includes animal travel specialists, importers, distributors of various products and suppliers of industrial tools. Purveyors of chemicals and lab supplies and companies offering sophisticated packaging solutions are also among the broad spectrum of companies that have made Airport Industria their industrial home.
Transport and Labour Access
Airport Industria has easy access to public transport including Golden Arrow, MyCiTi, taxis and train services. Netreg train station is situated 2.5 km from the park. The area is easily reached by bus, taxi or train from areas like Elsies River and Nyanga. This multi-modal transport coverage gives businesses access to a large and accessible workforce from surrounding communities including Elsies River, Matroosfontein, Nyanga and the broader Cape Flats, as well as from the Southern Suburbs and Winelands corridor via the N2.
Being slightly away from Cape Town's CBD makes Airport Industria an ideal workplace for those living in Somerset West or Stellenbosch. For businesses recruiting skilled logistics, technical and management staff from the Winelands and Southern Suburbs corridor, this positioning reduces commute times and broadens the geographic catchment of the available talent pool.
Urban Management and Security
Airport Industria has a CID in place which has greatly improved security. Security has been of prime importance from the beginning, with particular emphasis given to CCTV as well as access control. The Community Improvement District membership is open to all property owners, who are encouraged to participate in every aspect of security, upkeep and maintenance. Airport Industria ranks as one of the most secure industrial areas in Cape Town.
Rennie Knight Frank operates across the full Airport Industria market. Browse available industrial property to rent or buy in Airport Industria or contact our team for current listings, market intelligence and professional advisory support.
What does it cost to rent industrial space in Airport Industria?
Rental rates in Airport Industria reflect the diversity of the building stock. Entry-level units in established business parks such as CTX Business Park start from approximately R105 per square metre per month for units from 204 square metres. A-grade warehouses in Airport City are available at R120 per square metre on a triple net basis for mid-sized facilities. AAA-grade facilities in Airport City ask approximately R114 per square metre per month. New-build spec warehouses at King Air Industria are available from R115 per square metre for large-format facilities from 7,280 square metres. Always confirm whether the quoted rate is gross or net and what is excluded before comparing options across precincts.
What types of businesses operate in Airport Industria?
Airport Industria attracts freight companies, logistics operators, courier businesses, import and export agents, cold chain businesses, FMCG distributors, automotive businesses, chemical and laboratory suppliers, packaging companies, food producers and data infrastructure operators. Major tenants include Distell, NGK Ceramics, Stefanutti Stocks, Avis, Caltex, Total, Cargo Logistics, Kimix Chemical and Lab Supplies, Boland Express Couriers and C-Pack Packaging Solutions. A large international data centre is among the anchor tenants at King Air Industria, reflecting the growing competition from the technology sector for prime logistics-adjacent space.
What is King Air Industria and where is it located?
King Air Industria is a 70-hectare institutional-grade industrial park developed by Atterbury Property and Old Mutual Properties on the former King David Golf Course site in Airport Industria, within 2 km of Cape Town International Airport's freight terminal and 15 minutes from Table Bay Harbour. It represents a R3 billion investment and provides approximately 280,000 square metres of warehousing, distribution, showroom and office accommodation in a secure, landscaped environment. Turnkey and build-to-spec facilities are available from 1,500 square metres to 50,000 square metres on standard lease, joint venture and long-term lease structures.
Is Airport Industria a good area to invest in industrial property?
Airport Industria is one of Cape Town's most tightly held industrial investment markets. It remains one of the most constrained logistics nodes in the Western Cape, with quality space leasing almost immediately when it becomes available. Cape Town's industrial vacancy dropped to 3.2% in Q2 2025 with 14% to 15% year-on-year rental growth, and Airport Industria has been a primary beneficiary of this performance. The R3 billion King Air Industria development by Atterbury and Old Mutual, and ACSA's active planning for further development of airport-controlled land, confirm the node's long-term institutional credibility as an investment destination.
How does Airport Industria compare to Epping Industria and Montague Gardens?
Airport Industria, Epping Industria and Montague Gardens are the three primary industrial nodes in Cape Town's inner industrial corridor, each with a distinct positioning. Airport Industria offers the strongest airport and freight terminal proximity, making it the first choice for businesses dependent on airfreight or time-sensitive cargo movement. Epping Industria offers the broadest range of unit sizes, the most central city positioning and the strongest access to the Cape Town CBD and port. Montague Gardens offers the best Northern Suburbs positioning, the most modern park infrastructure and the strongest e-commerce and last-mile logistics environment. For businesses whose operations require airport adjacency, Airport Industria has no practical equivalent in the Cape Town market.
What public transport serves Airport Industria?
Airport Industria is served by MyCiTi bus services, Golden Arrow bus routes and minibus taxis across the precinct. Netreg train station is situated 2.5 km from King Air Industria, providing Metrorail connections to the broader Cape Town metro. These services give businesses access to a large workforce from surrounding communities including Elsies River, Matroosfontein, Nyanga and the broader Cape Flats. For road freight and private vehicle access, the N2, R300, Robert Sobukwe Road, Borcherds Quarry Road and the M12 provide direct connections to all major freight and commercial destinations across the metro.
What lease terms are typical for industrial space in Airport Industria?
Most industrial leases in Airport Industria run for three to five years, with longer terms actively preferred by landlords in King Air Industria and Airport City. Annual escalation clauses are standard, typically between 7% and 10% per year. Build-to-spec and turnkey development structures at King Air Industria typically require longer committed lease terms of five to ten years to justify the development cost. Standard financial documentation including rental payment history, references and current financial statements is required across most parks in the node.
Content accurate as at May 2026. Market data sourced from publicly available commercial property research.
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