New industrial development situated in Stikland with units ranging between 500 – 700 sqm available for occupation in March 2026, with rentals starting at R 125 per sqm for premium A-grade industrial space.
Winelands Close Business Park offers modern, secure, and functional industrial spaces in one of the Western Cape’s most sought-after logistics hubs — Stikland Industrial. With direct access to the R300, N1, and N2, this development provides seamless connectivity for businesses focused on distribution, warehousing, and manufacturing.
This brand-new business park has been designed for efficiency and appeal — featuring secure access, clean and well-planned layouts, ample parking, and a professional environment for both staff and clients.
Premium Industrial Warehousing at Winelands Close Business Park, Stikland
Strategic Location | Secure Design | Modern Spaces
Business Park Highlights
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Security: 24/7 controlled access, electric fencing, and CCTV monitoring
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Accessibility: Close to public transport and Stikland Train Station
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Infrastructure: Wide roads, ample parking, and modern loading facilities
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Thriving Business Community: Ideal for light manufacturing, warehousing, and distribution
Development Opportunities in the Western Cape
The Western Cape industrial property sector continues to perform exceptionally well — with low vacancy rates, strong tenant demand, and consistent rental growth.
Developments like Winelands Close Business Park are driving regional economic expansion, supporting businesses seeking quality industrial space in prime logistics locations.
With land availability tightening and new developments being rapidly absorbed, now is the time to secure a premium unit or explore build-to-suit opportunities across the province’s major industrial nodes — including Stikland, Brackengate, Blackheath and Brackenfell Industria.
Partner with Assetpoint
Assetpoint specialises in industrial and commercial property leasing and development across the Western Cape. Whether you’re expanding, relocating, or developing, we’ll help you find or create the right space for your business.
Andrew Hough
andrew@assetpoint.co.za
072 176 6159
1. Market Overview: Rental Growth & Vacancies
The rental market in the Western Cape continues to out-perform other provinces in South Africa, offering compelling indicators for investors.
Vacancy levels
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According to the latest survey by TPN Credit Bureau, the Western Cape recorded a vacancy rate of only 1.07% in Q3 2024 — the lowest in the country to date.
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For earlier periods: in Q1 2024 the rate was approximately 1.51% in the Western Cape.
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While vacancy rates have edged up slightly in some segments, the Western Cape remains far more robust than the national average.
Rental growth
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The province also leads rental escalation: average rent growth in the Western Cape was around 10.1% year-on-year in Q4 2024, ahead of most other provinces.
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Extremely low vacancy implies rental units are seldom standing empty, reducing one of the key risks for landlords.
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Strong rental growth signals good potential for income escalation (though as always, location, quality and tenant mix matter).
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For investors seeking robust rental cash-flow in a stable region, the Western Cape is a standout market.
2. Why is Demand So Strong?
Several inter-linked drivers underpin the strong rental market in the Western Cape:
Semigration & lifestyle appeal
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Many South Africans are moving to the Western Cape for lifestyle, better municipal service delivery, and infrastructure comfort.
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The province’s appeal for remote workers, domestic relocation, and even international interest supports sustained rental demand.
Supply constraints
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Rental supply is relatively constrained in the Western Cape. One report shows the “supply rating” (a measure of perceived availability) in the province as low as ~38 points vs national average ~55.
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High building/development costs, regulatory or land constraints and attractive alternative uses (e.g., short-term rentals, tourism) mean new long-term rental stock is not flooding the market.
Attractive returns / market strength
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Strong demand + low supply = favourable conditions for landlords and investors. For instance, yields of 8%-11% are cited in parts of Cape Town for rental-investments.
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The rental market strength index (demand vs supply) in the province is among the highest.
3. Investment Opportunities in the Western Cape
Given the above dynamics, here are key opportunity areas for property investors:
Mid-to-upper rental bracket apartments
- With higher rental growth and demand shifting upwards, well-located apartments in safe, amenity-rich areas (close to transport, employment nodes, lifestyle facilities) are attractive. Yields in certain Cape Town suburbs of 8-11% are reported. propertyreview.co.za
Student & young professional housing
- Areas like Woodstock, Observatory and Salt River remain favourites among young renters for proximity to universities, tech-hubs and lifestyle.
Sub-urban family rentals
- Places like Bellville (in the broader Cape Town region) are highlighted for value and yield.
Strategic locations with logistic/industrial spill-over
- The broader Western Cape property market (industrial, office) is also performing strongly. The industrial sector shows 14.2% year-on-year rental growth in Q2 2025 for prime industrial in Cape Town.
Long-term holds for capital growth + rental yield
- Given the combination of lifestyle demand and constrained supply, holding well-located rental properties for the medium to long term may allow both income yield and capital appreciation.
4. Risks & Things to Watch
While the opportunities are compelling, prudent investors should keep in mind:
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Affordability constraints: As rents rise, some tenants may struggle, increasing risk of arrears, especially if interest rates rise or economic conditions deteriorate.
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Supply creep: Though supply is low now, increased development could eventually soften rental growth if too many units come onto the market.
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Location matters: The “premium” nature of some parts of the Western Cape means that risk is lower in prime nodes, but investors in fringe or less-desirable locations may face more volatility.
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Regulatory and tax environment: Changes in municipal charges, property taxes, short-term rental regulations, zoning can all impact returns.
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Economic environment: South Africa’s macro-economy, interest rates, employment and exchange-rate risks can all impact property demand and tenant affordability.
If you’re considering investment: now is a good time to evaluate entry into the Western Cape rental market — but do so with proper due diligence: run the numbers, understand the sub-market, factor in costs (levies, maintenance, rates, taxes), and be clear on exit strategy.
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The Western Cape stands out in South Africa for its exceptionally low rental vacancies and strong rental growth.
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Demand is being driven by migration, lifestyle appeal, quality infrastructure and constrained supply.
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For investors, this means strong potential for rental income, yield and capital growth — especially in well-located residential properties.
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At the same time, success depends on careful location choice, asset quality, tenant management and risk mitigation.
