Is Sandown, Sandton your new business address?
Category Commercial News
The ever-transforming suburb of Sandown has become the next best address for blue-chip and multinational companies that want premium office buildings that are modern and environmentally-friendly. Located in Sandton, between Morningside and Sandton CBD, this suburb is home to big businesses such as McKinsey & Company, Talmar Impact Investments & Development, and 360° Consulting.
The buildings in Sandown are eye-catching, innovative, technologically smart, and boasts architectural designs that are in-line with international standards. Sandown is home to many new developments that are A-grade and P-grade, such as Sandton Close 2, 23 Fredman Drive, 24 Central, and 70 Grayston. Research shows that some of the newest commercial properties can be found here, making it one of the most modern markets in Sandton, and subsequently, the wider Johannesburg.
Bulk of the new commercial property
Sandton, as a whole, accounts for 26.4% of the country's new office space - this is almost double the development anywhere else in the country - and much of this is concentrated in Sandown. When it comes to the development pipeline, the future of Sandown looks set for further growth as developer confidence reaches an all-time high. Many developers and investors have their eye on P-Grade offices that target large single-tenanted corporate head offices. In fact, the suburb has contributed significantly to the continual increase of premium office spaces, and this has helped push up P-grade stock in Sandton from 1,000sqm in 2010 to 95,000sqm in 2019.
Infrastructure and transport
In recent years, there have been major infrastructural upgrades in and around Sandown to better accommodate a growing number of private and public transport vehicles as more businesses relocate or expand into the suburb.
There are also many sidewalks for pedestrians and these have recently been widened and newly paved to accommodate a greater number of people. Pedestrian safety is an important part of Sandown and the wider Sandton as thousands of people use public transport such as the Gautrain to travel to and from work every day.
The Gautrain Station is a game-changing transport service in Gauteng that reaches incredible speeds of 160 km/h - this saves commuters lots of time when they are travelling to work or back home, especially during peak hours. The flagship and busiest station is based in Sandton, which most employers and employees of Sandown use on a daily basis. The Sandton Gautrain Station is located at the intersection of Rivonia and West Streets, near top hotels such as The Michelangelo hotel, the Radisson Blu Hotel Sandton and the Protea Hotel by Marriott. This station even offers a direct route to the O.R Tambo International Airport, making it effortless to travel to meetings nationally or even internationally.
Commercial real estate
Commercial real estate in Sandown is situated on the doorstep to key amenities such as Sandton City, Nelson Mandela Square and Sandton Convention Centre. And it is close to key roads that connect businesses to surrounding suburbs and the rest of Johannesburg - these include The M1 and William Nicol Drive.
For those looking for office space in Sandown, take a look at these top three office buildings that are attracting many businesses into the area.
1. 23 Fredman Drive
Situated in the heart of Sandown, at the corner of Fredman Drive and West Street, is the A-Grade 23 Fredman Drive. The building boasts large open-plan designs that vary in size and many office units have breathtaking views over the Sandton CBD. For lunch-time breaks or caffeine fixes, the building is complete with trendy coffee shops.
2. 70 Grayston
70 Grayston is an AAA-Grade property with easy accessibility and excellent roadside visibility. The offices are designed to allow for maximum natural light for a spacious feel and great views of Sandown. The offices feature private and scenic balconies, new carpeting, central air-conditioning, and automatic electricity saving lights. Other features that make it sought-after by businesses are 24-hour security, fibre connectivity, ample parking, back up water and generators and an excellent location opposite Benmore shopping centre.
3. Norwich Place
The A-Grade Norwich Place has recently been upgraded with state-of-the-art facilities and is strategically located near the Alice Lane Precinct and Sandton City. it features 24-hour security, access control, and ample tenant and visitor parking.
If Sandown is on your radar as your next commercial address, speak to 3CUBE Property Solutions today to find out more.
Author: 3CUBE Property Solutions