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Commercial Property Opinion South Africa

Isando improves as a location, Gautrain nears completion

Currently there is some prime office space available at highly competitive rates, in arguably one of the most convenient locations to be had, in Isando Business Park in Kempton Park, adjacent to Rhodesfield Gautrain Station, operational in June 2010, and just three kilometres from OR Tambo International Airport.

Areas such as Airport Industria, which includes Isando, are much more accessible with a greatly reduced travel time. For example, those living in Midrand and working in Isando Business Park would have a 20-minute train trip, compared with approximately a one-hour journey by road.

The office park also affords easy access to major traffic networks, including the R24, via access points at Barbara and Griffiths Roads. In addition, negotiations are under way to secure direct access to Isando Business Park from Rhodesfield Station.

Rates are comparable

With traffic congestion and access to key transport routes, playing an increasing role in choice of business locations, those seeking to relocate or lease business premises view the progress in construction of the Gautrain stations with considerable interest.

Coupled with this is the fact that as we are just beginning to see a recovery in the economy, the business sector remains focused on achieving optimum value for money. However, this need not necessarily be at the expense of quality or a conveniently situated, good location.

Office accommodation rates within Isando Business Park are comparable if not better than sought-after office parks in Bedfordview, Bruma, Parktown and Rosebank and Brooklyn in Pretoria, yet at about a third of the rental rate.

Being a well-established and secure business park in a pleasant, park-like environment, and with abundant parking, provides greatly added appeal for existing tenants OneTime Airlines. Other businesses in this area include freight, courier and distribution companies making this location attractive for businesses providing services or products to this sector.

About David Reid

David Reid is manager of JHI broker services - Gauteng.
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