select
|

Local and International companies attracted to centrally located nodes in Cape Town

Well positioned and easily accessible industrial areas in Cape Town continue to attract major national and international companies, says Seamus Daly, leasing, sales and investment broker for JHI Properties, who recently concluded a five-year lease in Diep River on behalf of Maccaferri SA – a subsidiary of the worldwide industrial group Officine Maccaferri.


Seamus Daly, leasing, sales and investment broker for JHI Properties is seen with Kim Wright, branches administration manager of Maccaferri Africa, outside the premises leased in Estmil  Road in Diep River, Cape Town.
 
With over 60 subsidiaries globally, including 28 manufacturing plants, for over 125 years Maccaferri has been involved in implementing successful environmental solutions for soil erosion control, embankment stabilisation and environmental rehabilitation. The company has been active in South Africa since 1957 - firstly as River and Sea Gabions, then as African Gabions and in 2007 the name changed to Maccaferri SA.  Due to the company’s expansion in Africa, it is now trading as Maccaferri Africa (from January 2014) and has relocated its Cape Town operation to Diep River.
 
Comments Kim Wright, branches administration manager for Maccaferri Africa: “The premises JHI Properties found for us is ideal for our requirements, with sufficient space and good security, and in an ideal location on the only direct, east-west link between the M5 and M3 highways. It is also within easy reach of other popular routes such as Main Road (M4) and Kendal Road.”


Industrial for sale in Muizenberg
 
The transaction concluded by Daly is for 1250sqm of industrial space at a total lease value of R2.35 million. “Diep River is a popular location, as it is served by both Cape Town’s Southern Suburbs as well as the Cape Flats railway lines, and is a five minute walk from the station, making it very accessible for staff.  A small light industrial node, popular with call centres and distribution companies, Diep River is home to a broad range of companies including Ina Paarman Kitchens, Neotel,  Direct Axis,  New Balance,  Medac,  Pinnacle Pharmaceuticals, Block & Chisel and Crawfords, to name a few,” he says.


Office for sale in Woodstock
 
Daly is currently marketing a number of freestanding warehouses available to let in the Diep River area, ranging in size from 900-4 000sqm at rentals from R37.50 to R45 per square metre.  Industrial properties are also available for purchase priced from R4500 per square metre, including a 1750sqm warehouse with cold rooms which is for sale or to let.
 
In addition Daly recently sold the last remaining large (1.3ha) site in Sheffield Business Park in Lansdowne Road, Cape Town for R10.5 million to Bakers Transport, a leading national logistics company.
 
He adds: “A new, secure light industrial park which includes a commercial component, Sheffield Business Park is well positioned on Lansdowne Road at the N7 interchange, offering quick access to all the major freeways, including the N2, M5, R300 and N1. This is evidenced by the likes of Pick n Pay and Spar who recently completed their new distribution centres in the Park, as well as nationals such as Kwikot.
 
“Situated virtually equidistant between Cape Town CBD and Cape Town International Airport, Sheffield Business Park is close to residential suburbs, shopping centres and various modes of public transport. At present there are still a few sites available to purchase ranging in size from 1200 to 6000 square metres at prices from R750 per square metre.”


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 20 Jun 2018
      Buying or selling real estate isn’t as easy as it is portrayed sometimes, especially if there is a death of a party during the transaction which can make it awkward, tricky and inconvenient.
    • 20 Jun 2018
      With interest rates remaining at historic lows and banks continuing to compete for mortgage finance business, first-time buyers with funds at their disposal are currently well-placed to gain that initial foothold on the property ladder, particularly in the light of the slightly lower growth rates currently experienced in residential property values.
    • 20 Jun 2018
      The average size of bond granted in SA has grown 7,7% in the past 12 months to R934 000, according to BetterBond, the country’s biggest bond originator.
    • 19 Jun 2018
      In the current market, letting out a property can be a good option as rental demand remains strong, especially in the northern suburbs of Johannesburg. This is according to Chris Renecle, MD of Renprop. However he says that before homeowners let their property out, there are five key points they should make sure are covered before they market the property for rent and sign any lease agreements.
    • 19 Jun 2018
      The Capetonian dream is to live by the ocean with the iconic mountain making an appearance somewhere in the horizon. But, that dream comes with a hefty price tag that many simply cannot afford. But, should you venture some kilometres out of the city centre, entirely new realms of beachside bliss await you …
    • 19 Jun 2018
      Douw Steyn, one of the richest men in the country, recently allowed a rare glimpse into his Fourways Palazzo when it was featured on the SABC lifestyle programme Top Billing - and it is beyond your wildest dreams!
    • 18 Jun 2018
      Many home sellers are motivated to appoint estate agents because they know that the agency will carry the costs of advertising and marketing their property.
    • 18 Jun 2018
      When a property is sold when it has a tenant in occupation, the questions often raised are: “What happens to the tenant if the landlord sells the property?”, and what rights the tenant will have with regards to cancelling the lease or enforcing it, says Sunell Afrika, rentals manager for SAProperty.com.
        
    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