select
|

ALLANDALE OFF-RAMP IMPROVEMENTS A BOOST FOR BUSINESS PARK

ALLANDALE OFF-RAMP IMPROVEMENTS A BOOST FOR BUSINESS PARK

The development by Dis-Chem of a massive 29000sqm distribution centre at a key juncture just off the R101 in Midrand is indicative of the ongoing growth and popularity of this area among the business and industrial sector, says Jonathan Klimek, leasing, sales and investment broker for property services company, JHI.

“This huge distribution centre is situated at the Allandale off-ramp, which is currently being upgraded and widened to three lanes in each direction (ie six lanes in total) – an improvement which will considerably ease traffic congestion at this busy intersection.”

He says this also augurs well for the established Allandale Business Park, located on the corner of Morkel and Le Roux Roads directly opposite Dis-Chem. “Catering for light industrial businesses, the business park is centrally situated with good exposure to a key arterial road - the R101, or K101 as it is sometimes known. The improvement of the off-ramp at this major intersection makes access easier for tenants and staff, many of whom live in nearby residential areas such as Kempton Park, Kyalami, Fourways, Benoni, Boksburg, Krugersdorp and Roodepoort. In today’s world our need to rapidly transport goods – or simply get from A to B quickly, is often confounded by the realities of gridlocked traffic – particularly at key intersections, so this upgrade is of significant benefit to Allandale Business Park.”

JHI is currently marketing space in Allandale Business Park comprising warehousing and office accommodation, ranging in size from approximately 100-410sqm as well as in larger configurations of approximately 800-1200sqm through the consolidation of units to suit individual tenant requirements.
“Rentals are very competitive at negotiable asking rates of R43 per square metre at 10 percent escalations. This location is ideal for distribution centres or any business where easy access to key routes is important. The business hub of Sandton is just 16km away while the city centres of Johannesburg and Pretoria are 33km and 38km respectively,” adds Klimek.

Issued by Gaye de Villiers


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 22 Nov 2017
      Most people know of the Community Schemes Ombud Service (CSOS) and that levies must to paid to fund its operations. In this article the experts at Paddocks will address some of the issues that are causing confusion.
    • 22 Nov 2017
      While sales have noticeably slowed in most sectors in most Cape town suburbs, the security estate sector in Constantiaberg has bucked the trend by remaining buoyant, with sales by August this year already surpassing total sales in 2016.
    • 22 Nov 2017
      The end of the year is fast approaching, and so are all the travellers, tourists and holidaymakers. For those who live near or own a property in a holiday-hotspot, the festive season also brings with it an abundance of short-term rental opportunities. Its a great way for property owners to make a few extra rand for their own holidays or to put towards their savings.
    • 21 Nov 2017
      The buying process is over, and the moving truck has delivered your household goods to your new property. Now it’s time to unpack and turn your new house into a home.
    • 21 Nov 2017
      When an offer to purchase a property is signed by both buyer and seller, this constitutes a binding agreement or “Deed of Sale” between the two parties. However, in most cases the “standard contract” might not be enough to cover all the specifics pertaining to the sale. The agreement may require some additions or alterations to clauses, which needs an expert hand in the drafting of such
    • 21 Nov 2017
      As more and more South Africans look to invest in property abroad, Spain is offering them one of the best deals in global real estate.
    • 20 Nov 2017
      Since 2012, sectional title complexes have been leading the South African property market, not only in terms of price growth, but sales volumes as well. Remaining relatively strong, even in the face of 2017’s political and economic turmoil, experts say this market segment could offer valuable insight into South Africans’ property purchase priorities.
    • 20 Nov 2017
      Regardless of whether you are purchasing your first start-up home, downsizing or moving in with roommates, finding ways to maximise small spaces can be a big advantage, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
        
    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