Re: Another UV resistance question
the metal part above looks like it's zinc coated but not hot dipped galvenized it will rust out in short order
then the nut and bolt will fail, you will also have rust streaks on your wall below the hardware
is there a reason not to use a castor with a metal wheel?
commercial chainlink fence hardware may be adaptable to your use, it's heavy duty, has good corrosion resistance, and there exists a variety of roller styles available for sliding gates, both bottom and top hung; eschew big box sourced fence parts
Simpler is better, except when complicated looks really cool.