select
|

Access to transport critical for business location

Faced with rising fuel costs, ongoing traffic congestion and the proposed new tolls, Johannesburg’s business sector continues to focus on office accommodation which enables tenants to meet their requirements for secure, quality space coupled with convenience of location for easy access for staff and clients, says Jonathan Klimek, leasing and sales broker for JHI Properties in Gauteng.

“Increasingly we see that the emphasis, particularly among businesses with a large staff complement, is on buildings situated in convenient locations with good infrastructure and access to public transport. This is becoming more evident amid rising fuel prices and the proposed toll system,” he says.

“Another trend which we’ve noted is the growing interest from national and international businesses in regard to securing large space for call centres – which are springing up in South Africa in major centres such as Cape Town and Johannesburg.”

Klimek says a landmark 18-storey building currently offering office accommodation catering for both large and medium size businesses is 25 Owl Street, in prime position in a burgeoning media hub in Auckland Park, close to the SABC broadcasting studios, and just off the M1 close to the Empire Road offramp. The building is also within easy reach of the prestigious residential suburbs of Parktown - which is across the road from 25 Owl Street, and Westcliffe to the north.
“This area has good infrastructure and is a key broadcasting node, with major film schools and studios, broadcasting networks and various new media right on the doorstep. As a result, 25 Owl Street already has a major film company as a tenant.

“With sweeping views over the city, the building is also an ideal location for call centres as it has good connectivity and is within walking distance of the nearby BRT Station - on the BRT Route which runs to the Park Gautrain Station, providing easy access for staff.

“ It has the advantage of being within easy reach of the trendy 44 Stanley Avenue precinct - with its boutiques, restaurants and design studios, Milpark Galleries Shopping Centre, Campus Square Shopping Centre, Virgin Active, Milpark Hospital and conference facilities. It is also located on the ‘education belt’, near Wits University and the University of Johannesburg and has easy access to Braamfontein CBD,” says Klimek.

He says while each floor of 25 Owl Street comprises approximately 800sqm, this space can be further subdivided based on the landlord’s approval, in order to accommodate even small businesses. “For businesses seeking large space, such as call centres or for corporate headquarters, there is also large space available from 1000-9000sqm. Depending on the tenants’ space requirements, the landlord will consider rentals from R80 per square metre (excluding VAT).

Klimek adds that a growing desire for cost efficiencies may see businesses increasingly gravitating towards refurbished buildings or modern buildings which allow flexible configurations which enable the most effective utilisation of space. “25 Owl Street has forward-thinking architectural design and each floor is open plan, with pillars only in the centre of the building. This provides tenants with flexibility to design their interior to suit their own requirements and in keeping with their own corporate image. While the building is B grade based purely on age, the interior is renovated with A grade finishes.”

In addition, he says the penthouse floor has its own spacious private balcony and panoramic views. The building has secure parking, access control and 24 hour security and is managed by JHI Properties.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 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.
    • 20 Nov 2017
      Property valued at approximately R1 billion is on High Street Auctions’ sales floor during the month of November, including the much-anticipated sale of the Tshwane Mayoral Residence and the land occupied by one of South Africa’s oldest operating gold mines.
    • 17 Nov 2017
      FWJK has announced the launch of its latest residential brand, the Lil’ Apple, which will be launched simultaneously in two developments in Cape Town and Umhlanga totaling 600 apartments. The Lil’ Apple is set to be a brand of FWJK’s New York style apartments which will be rolled out nationally.
    • 17 Nov 2017
      It’s been a tumultuous year on many fronts, with socio-political uncertainty setting the tone for much of South Africa’s economic activity yet despite this and seemingly counter-intuitively, the residential property market has held up well.
    • 17 Nov 2017
      The EAAB (the Estate Agency Affairs Board) recently claimed that around 50,000 illegal estate agents could currently be operating illegally.
    • 16 Nov 2017
      Penthouses are synonymous with New York – characterised by high-rise living that is decidedly luxurious and spacious. While exclusivity comes at a price, you can still create a “penthouse” look and feel in your existing apartment or even the upstairs bedroom of a double storey house with some clever design changes and styling touches.
    • 16 Nov 2017
      The area has long been popular with kite surfers and, with escalating property prices in Cape Town itself, is increasingly in demand with home owners who work in town, but are looking to invest in more affordable properties.
        
    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