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Johannesburg North West and Main Reef Corridor west.
Summary of Rentals and Land Prices for industrial and commercial property 1999 -
2002
All prices
mentioned are exclusive of VAT
but otherwise are normally gross prices.
Hans
Strijdom (including Kya Sand & North Riding):
Sale Prices.
# Abland - Kya Compact Units sold at over R1900 per sq.m.
# 3 ha plot (still zoned agricultural), sold for R2,5 million
# Land prices are negotiable depending on size and
position.
Little has sold during 2002
Rentals.
#
Kya North Park achieved rentals up to some 19.20 per sq.m.,
# Equity Projects and APE have achieved similar rates
# Older free standing factories are available at around R15 per sq.m.
D. F.
Malan (including Honeydew & Laser Park):
Sale
Prices.
# 5 Star Business Park: Asking price for Industrial Land
R170 - R200 per sq.m., depending on position
# Ridge Road, proclaimed (small stands): R140 per sq.m.
# Braam Street - land for +/- R130 per sq.m.
Rentals.
# For newer mini factories: R18 per sq.m.
# For older mini factories: R15 per sq.m.
# For factories in parks with security such as:
Citrus Street and Cranberry Street: R17 per
sq.m.
Hendrik
Potgieter:
Offices
(Rentals):
# Constantia Park up to 10 000 sq.m. - R52 per sq.m.
# Gensec's Constantia Basin rentals - R47 per sq.m.
# Abland's building on the 'Kloof' - R39.50 per sq.m.
Hendrik
Potgieter:
Retail
(Rentals):
# Hillfox Power
Centre: Rentals depend on position and vary from:
R21 per sq.m. to R45 per sq.m.
# Constantia Commercial Centre: Units of 130 sq.m.: R25 per sq.m.
#
Motor City: R45.50 per sq.m.
Main
Reef Road (Stormill & Robertville):
Rentals.
# Smaller mini factories in Parks.
Sifon Park in Robertville: R17.69 per sq.m.
Route 41
in Robertville: R13.50 per sq.m.
# Larger free-standing
industrial
and commercial property
with no
particular features: R9 - R11 per sq.m.
Other
Land prices.
# RMP Properties are asking R110 per sq.m. for their land in Stormill Extensions.
#
A stand in Stormill is being offered for R65 per sq.metre.
# Land from +/- 1000 sq.m. ad upwards can be purchased on preferential terms
for further
information and copies
of our report together with
local area maps, contact
Tel: +27(0)11 708 1935. Fax: +27(0)11 708 1240
11 Bertha Street, Mostyn Park, Randburg, South Africa.
P.O. Box 100,
Kya Sand,
2163,
South Africa.
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