R800m Midrand industrial and commercial park is coming to Midrand
Category Commercial Property News
The Midrand area in the Gauteng Province of South Africa is a highly regarded residential and commercial node and a new R800 Million development entitled Old Mint Park brings much credence to this weighty statement. Pivotal development company Atterbury has started construction on this important industrial development which will also add a hefty amount of credibility to the commercial sector as commercial office space is included in this critical construction.
“The first building under construction is a business unit development offering premises ranging from 500 m2 to 2 500 m2 in a single 10 000 m2 building. Concurrently constructed with this is the second building of 4 500 m2 of warehouse and office space”. - http://www.engineeringnews.co.za
This is just an addition to this highly developed location which is keenly located. This ideal urban expanse is nestled in between the central business districts of both Johannesburg and Pretoria, this is another factor which makes the Midrand so desirable. It's also closely located to some of the most widely used roadways in the area which connect motorists to all the main business parks and commercial areas in the region. This is why leading commercial office brokerage, OfficePlace has such a vested interest in the greater Midrand area. They have 69 listed properties available for rental in the area and this is a clear indication of how commercial development is on the rise in this part of Gauteng.
Commercial offices in the area differ in size, scope, and architecture. Some of the buildings have an older more vintage almost presetteler, roman type exterior, whilst some are houses which have been converted into offices as commerce takes over certain residential locations. This new development has been hailed a great new addition to an area already famous for its commercial exploits. It's also been getting favourable mention due to its key locality. “One of the development's biggest drawcards is its location - positioned centrally between Johannesburg and Pretoria, where Midrand meets Centurion. It has frontage on the busiest stretch of highway in Southern Africa and is situated between the N1 Brakfontein interchange, Old Johannesburg and Pretoria Main roads, and the Samrand on- and off ramps”. -http://www.engineeringnews.co.za
The area itself is fairly new in terms of the rest of area and was only formulated in 1981. It was originally its own independence, however post 1994 it was eventually integrated into the City of Johannesburg Metropolitan Municipality by the year 2000. Since the area has slowly grown in prominence due to its location and abundance of favourable areas for commercial business.
However, this isn’t the only new development in the area and there are also some highly regarded residential properties which have become hot on the lips of various players within the residential market. One such newly developed property is the Waterfall Country Estate, Midrand. “This property, in one of Gauteng’s most exclusive residential estates, offers four en-suite bedrooms, all with private balconies. It has spacious reception rooms and a dining room with a fitted wine cellar that opens onto the covered patio and pool. The house has stunning views over the estate’s green belt and dam. Other green features include a 5,000l water storage tank and borehole, a heat pump and solar geysers”. -www.businesslive.co.za
This highly regarded development is enabling Midrand to move forward as one of South Africa’s most popular destinations for commercial reasons. So why not move to one of the most centrally located locations in the entire Gauteng province? There are so many reasons to make the Midrand area your home so get on the phone and contact a highly regarded broker from leading commercial property company OfficePlace and make your new commercial home Midrand.
Author: OfficePlace Commercial Property Brokerage
