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Send  Share  RSS  Twitter  05 Jul 2010

PROPERTY: Offramp Improvements a Boost for Allandale Business Park

 





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The development by Dis-Chem of a massive 29000sqm distribution centre at a key juncture just off the R101 in Midrand is indicative of the ongoing growth and popularity of this area among the business and industrial sector, says Jonathan Klimek, leasing, sales and investment broker for property services company, JHI.
“This huge distribution centre is situated at the Allandale off-ramp, which is currently being upgraded and widened to three lanes in each direction (ie six lanes in total) – an improvement which will considerably ease traffic congestion at this busy intersection.”

He says this also augurs well for the established Allandale Business Park, located on the corner of Morkel and Le Roux Roads directly opposite Dis-Chem. “Catering for light industrial businesses, the business park is centrally situated with good exposure to a key arterial road - the R101, or K101 as it is sometimes known.

The improvement of the off-ramp at this major intersection makes access easier for tenants and staff, many of whom live in nearby residential areas such as Kempton Park, Kyalami, Fourways, Benoni, Boksburg, Krugersdorp and Roodepoort. In today’s world our need to rapidly transport goods – or simply get from A to B quickly, is often confounded by the realities of gridlocked traffic – particularly at key intersections, so this upgrade is of significant benefit to Allandale Business Park.”

JHI is currently marketing space in Allandale Business Park comprising warehousing and office accommodation, ranging in size from approximately 100-410sqm as well as in larger configurations of approximately 800-1200sqm through the consolidation of units to suit individual tenant requirements.

“Rentals are very competitive at negotiable asking rates of R43 per square metre at 10 percent escalations. This location is ideal for distribution centres or any business where easy access to key routes is important. The business hub of Sandton is just 16km away while the city centres of Johannesburg and Pretoria are 33km and 38km respectively,” adds Klimek.


 
 
 
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