select
|

New industrial development for Benoni

Construction has commenced on the Great North Industrial Park in Benoni. The 15 000m² mini-factory facility is being developed by FWJK, a nationally-based professional firm which pioneered the FWJK Co-Development at Cost Development Methodology, which allows end-users and investors to avoid the burdensome profits charged by other sectional title developers.


Artist's Impression of the Great North Industrial Park
 
The recent sod-turning ceremony was attended by various stakeholders from the Ekurhuleni Metropolitan Municipality, including the Director of the Gauteng Planning Commission, Mr. Sbusiso Dlamini.
 
“The Municipality has been particularly impressed with the professionalism and speed with which FWJK conducts their property development operations,” Dlamini explained to attendees at the ceremony.  Dlamini, who is also the Deputy Chairperson of the Ekurhuleni Investment Committee, went on to say that the Municipality would continue to support this kind of innovative private initiative in order to generate economic growth and create jobs.
 
The multi-user industrial facility dubbed the Great North Industrial Park, opens onto Great North Road in Benoni on Johannesburg’s East Rand and is situated 4km from O.R. Tambo International Airport.  Gothic Construction is the main building contractor and is on target to achieve completion in September 2016.


Mr Sbusiso Dlamini and Mr Rhys Rocke
 
Regional Director of FWJK’s Gauteng operations, Rhys Rocke, stated,  “FWJK is proud to have pioneered a development methodology where industrialists, entrepreneurs and investors can wear the hat of the property developer and take transfer of their sectional title property at cost price, whilst reducing their risk and instantly creating wealth and financial leverage for those individuals who participate.”
 
Rocke went on to say that small affordable factories, with ample 3-phase power, would be the key to unlocking the potential of young South African industrialists. The park consists of 31 units, each with its own ablutions, tea kitchen and first-floor office component.  The units will be completed with fibre-optic connections and high-quality roller shutter doors.



  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 23 Jan 2018
      Many people only start thinking about home-ownership when they are ready to “settle down” or start a family, which is why first-time buyers these days are generally in their mid-30s, compared to those in the previous generation who were usually in their mid-20s.
    • 22 Jan 2018
      Moving away from the city to a country or coastal town and a slower-paced life is a frequent new-year resolution for South Africans, but thorough research should be done before you break free from the hustle and bustle, because making the wrong move could turn out to be a very expensive mistake, and even more stressful for you and your family than staying in the “big smoke”.
    • 22 Jan 2018
      Cape Town is home to many breathtaking and historic homes, but House Invermark designed in 1969 by South African architect Gilbert Colyn, with inspiration from two modernist icons: the Glass House by Phillip Johnson and Farnsworth House by Ludwig Mies van der Rohe is in a class of its own.
    • 22 Jan 2018
      2017 was a challenging year for the South African property market in general, despite small pockets of thriving activity in areas like the Western Cape. As we head into 2018, Tony Clarke, Managing Director of the Rawson Property Group, casts his eye forward to property trends and market influences that could make their impact felt in the New Year.
    • 19 Jan 2018
      Extending from Randfontein in the west to Roodepoort in the east and including the towns of Krugersdorp and Magaliesburg, the West Rand has a plethora of property available to residents who choose to make this unique area their home.
    • 19 Jan 2018
      When it comes to financial planning, doing the work to ensure you’re prepared for unexpected emergencies is just as important as ticking off your other goals and New Year’s resolutions. The beginning of the year is also the perfect time to review your various insurance policies.
    • 19 Jan 2018
      No surprises at the first Monetary Policy Committee of 2018, as Reserve Bank Governor, Lesetja Kganyago, announced that the interest rates would stay at their current levels.
    • 18 Jan 2018
      The Southern Suburbs make up some of the most popular residential areas in Cape Town, comprising charming groups of suburbs which lie to the south-east of the slopes of Table Mountain. It is seen as the city's most expensive residential neighbourhoods with a choice of various private schools, upmarket eateries, wine estates, beautiful homes and trendy apartments.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK