Oxford Parks Precinct set to add value to Dunkeld in Johannesburg
Category Commercial Property News
According to formidable news agencies including businesstech.co.za, a new mixed-use precinct is set to arrive in one of Gauteng's most regarded regions. This will spark numerous interests from the public and applicable stakeholders as the construction gets underway. For those looking to invest commercially into Dunkeld or surrounding locations, this is a great opportunity as it is proposed that there will be roughly 200, 000 square meters allocated to office space and retail areas. With an additional 100, 000 square meters being allocated for the sole purpose of residential development. The cost of this new precinct has yet to be divulged, however, it is estimated that during the phase 1 period roughly 1 billion rand has been spent already.
"The completed precinct will be within walking distance of Rosebank retail, hotels medical facilities and schools and will be built within Green Star standards. The development is expected to stretch between Bompas Road and Jellicoe Road in Dunkeld, nestled between Rosebank central and Illovo". -https://businesstech.co.za
Dunkeld in Johannesburg is slowly becoming popular for numerous reasons including its proximity to other built-up commercial locations in the Gauteng expanse including Rosebank or Sandton. This has prompted leading commercial property brokerages to have a vested interest in the node. One such company is OfficePlace an agency that has built up a reputation for being a firm favourite in the leasing and rent of high end and boutique office space. They currently have 7 available offices for rent in the Dunkeld and Dunkeld West locality, which all range in price and size to suit anyone's operational requirements or budget. Another factor that makes Dunkeld particularly desirable is that the buildings utilised for offices are generally newer in this part of Johannesburg, meaning facilities are of an extremely high standard, utilizing the latest technology and building techniques to ensure every angle is covered for new or existing tenants. This is also cost effective due to the fact that the properties in Dunkeld generally need less initial maintenance.
This new development has been compared to other buildings of a similar nature in the vicinity including Melrose Arch and is dedicated to adhering to strict environmental standards; hence it will be compliant with green star building requirements. According to businesstech.co.za, the building hopes to create a "pedestrian friendly" environment and an all in one facility where individuals have a higher quality of life with the option to live within closer proximity to their place of work.
Another factor that will suit those wishing to either invest in Oxford Parks, for commercial, residential or retail reasons is the fact that it's well situated to numerous regarded infrastructure and amenities, including hospitals, schools, and the world-class Gautrain facility.
"The first phase will comprise three office blocks and a hotel with convenience retail and restaurants on the ground floor - with all the buildings in the phase linked by a landscaped public piazza. Phase one will cover approximately 32,000 square metres". -https://businesstech.co.za
Dunkeld is contributing in numerous noteworthy ways to the development of a viable commercial industry in the Gauteng Province. This is precisely why it is becoming so regarded in terms of available office space. It would seem that it would be the perfect time to invest, with leading commercial property specialists OfficePlace, this really couldn't be easier. Pick up the phone now, a highly skilled and regarded broker is waiting to take your call and make your move to Dunkeld as easy and pain-free as possible. Go with the best in the commercial property market go with OfficePlace.
Author: OfficePlace
