Randburg on the commercial office space rise
Category Commercial Property News
South Africa is one of the most highly developed commercially developed countries on the entire African continent. This commercial development has led people to the sprawling metropolitan expanse of Johannesburg. Which in many ways is dozens of smaller cities that seem to go on, forever. One of these particular cities is Randburg, essentially an expanse of various well known and established suburbs the area is becoming well known for so many reasons and one of the them is its commercial development.
“Strategically well positioned to the north-west of Johannesburg, just 10 minutes from Sandton and easily accessible via main arterials such as the N1, Bram Fischer Drive, the M20, M9, M16, M5 and William Nicol Drive, Randburg is considered a priority area and important commercial node in the City of Johannesburg's five-year Integrated Development Plan and Johannesburg 2040 Strategy”. - www.eprop.co.za
Leading and well established commercial office property brokerage OfficePlace has 171 commercial property listings for the Randburg area and they have highlighted the suburb as one of the most highly regarded in the commercial property market. With such a sheer volume of properties available in the area the company believes that now is right time to invest. Properties range from highly modern buildings to quainter more vintage type houses that have been converted into office blocks. This has inspired a culture of commerce in the region which has led to a boom in commercial development over the years. This has also come with various rehabilitation and rejuvenation initiatives that are placing the area as one of the better locations within Gauteng for commercial reasons.
“As a result of such regeneration and improvement initiatives, Randburg presents an opportunity for both landlords and tenants, particularly companies that work closely with government departments such as the Magistrate's Court, Department of Home Affairs, City of Johannesburg Municipal Office and SARS. In addition to these government operations other major tenants in the area include the likes of Sasol, Multichoice and Innovation Group”. - www.eprop.co.za
Randburg’s history within the context of South Africa dates back to 1959 and is in reality the unification of roughly 32 suburbs making it arguably one of the biggest suburbs in the whole Gauteng expanse. It's also the location of the Danie Van Zyl Recreation Centre which was recently the location of the location for a consultation on the Region B’s Intergrated Development Plan (IDP), this is according to local Ranburb newspaper’s website The Randburg Sun. “The IDP is known as the social contract between the people and the city. It’s an approach to planning that involves the entire municipality and its citizens in finding the best solutions to achieve good long-term development” - https://randburgsun.co.za.
Applause for the area has also come in terms of its public transport as their is a Gautrain bus service which runs to and from Randburg. This has made it highly favourable for companies and businesses who wish to be closer to their place of work. Another reason why Randburg is highly sought after, for both employees and employers alike.
It would seem that there really isn’t a better time to invest in this highly regarded commercial location. With such an abundance of available commercial property, key infrastructure upgrades and close proximity to quality lodgings many are choosing Randburg as their commercial destination of choice. OfficePlace are leaders in their field and are here to ensure all your requirements are met in every way possible. With so many reasons to invest in this formidable area it would seem there really isn’t a better time for investment. Get in contact with one of their highly skilled brokers today and start your next commercial operation from Randburg.
Author: OfficePlace Commercial Property Brokerage
