Why Midrand is considered Johannesburg's new Commercial Property Hotspot
Category Commercial Property News
Midrand is a bustling suburb roughly half way between Johannesburg and Pretoria. While Sandton has always been looked to as Johannesburg's key business and commercial hub, Midrand is now giving Sandton a run for its money in becoming Johannesburg's key commercial property hotspot.
Sandton is just a 10-minute drive from Midrand, this makes it easily accessible. But making Office space in Midrand as opposed to Sandton has the advantage of being neatly out of the way of the major hustle and bustle of congested Johannesburg. While still having all of the necessary facilities and amenities. Sandton’s close proximity has also allowed for a ‘spill over’ of developments that Sandton no longer has space for.
Midrand has experienced many recent developments that have pushed it into the limelight. One of which, was the Mall of Africa. Two years ago, the Mall of Africa opened its doors for the first time and since then it has drawn much attention. The mall has a Gautrain station, which gives shoppers and workers easy access to the hub. Mall of Africa is the biggest shopping centre in Africa and has harnessed much international interest and created thousands of jobs in the community. Thus becoming one of Midrand’s major focal points. Mall of Africa is bigger and has more retailers than the equally famed Sandton City which gives Midrand yet another one up on Joburg’s current commercial property leader.
Lanseria International Airport is just a half hour drive from Midrand’s centre and provides a range of opportunities for the area to develop even further. Having Lanseria International Airport just a 30-minute drive away from Midrand, makes doing business from Midrand highly convenient. Lanseria is currently undergoing major developments to soon include commercial flights and a hotel. Midrand is also a short, 25-minute drive from Johannesburg’s bustling international airport, OR Tambo International Airport.
One of Midrand’s most recent developments is the PwC headquarters building that has only just been completed. The building is adjacent to the Mall of Africa and is visible within a 30-kilometre radius. The fact that such a well-respected company such as PwC has decided to make Midrand their home adds further prestige to the area as well as a general commercial atmosphere.
Within Midrand, there is a sub-area that has emerged, called Waterfall city. Both Mall of Africa and the PwC building fall within this area. The area is currently undergoing a development project worth R71 billion. Waterfall city is seen as Johannesburg's newest, trendy work and leisure destination. There are upmarket, modern office parks aplenty and no shortage of trendy eateries. Waterfall has created a space for the new generation of office workers and has added value to Midrand and its surrounding areas.
Office Place, commercial property specialists, represent many commercial properties in the Midrand vicinity. There are currently over 70 properties in Midrand listed on their site and there are no better experts to speak to when it comes to commercial property, within the commercial epicenters of South Africa.
Midrand continues to grow from strength to strength. With all the recent developments in Midrand, the area is brimming with opportunities.
Taking all the above points into consideration, it appears that now is an opportune time to move your office space into the flourishing area of Midrand. OfficePlace has many upmarket commercial properties listed on our site. Get hold of an OfficePlace broker today to find about more about their current Midrand properties on offer.
Author: OfficePlace Commercial Property Brokerage
