The East Rand: What’s all the Hype About?
Connecting some of Gauteng’s major cities, the East Rand is a hotspot for commercial property.
Most sought-after is industrial property as the most affordable and adaptable of the three commercial property asset classes. Industrial property experienced a surge in demand during the COVID-19 pandemic, largely driven by the rise of e-commerce and manufacturing.
Investors and tenants alike were in search of more space to accommodate the demand and the East Rand proved to be a popular and convenient destination to set up shop.
As the momentum continues, everyone is vying for a stake in industrial real estate and the East Rand is a hot commodity.
Germiston remains one of the biggest contenders in the sector, with many investors seeking space in this now sought-after area. Founded in 1886 after the discovery of gold, Germiston is one of the most industrialized areas in Gauteng and is conveniently located close to the OR Tambo International Airport with easy access to the N1, N2, and N17 highways.
Properties listed by Abraham Ajibade range between 950m2 to 19518m2, proving that there really is something for everyone. Many of the properties in this area incorporate both warehousing and office facilities, making it the ideal location for growing businesses. Some even come standard with extra perks like on-site cranes for rental and billboards for advertising. Click here to view one of our latest listings in Meadowdale.
Industrial properties Kempton Park are closely located to the airport – ideal for both local and international freight. With global supply chains disrupted by the challenges of the COVID-19 companies, both merchandisers and consumers are becoming increasingly reliant on goods manufactured within South Africa – and the need for well-placed facilities to meet this demand is clear.
Spartan is Kempton Park’s industrial hub while Isando and Eastleigh are sought-after for prime office space. Properties listed by James McCormack and Greg Keyter range from 300m2 to 60000m2. Click here to view one of our latest listings in Kempton Park.
Pomona is one of the newest and fastest developing industrial nodes on the East Rand. The bulk of industrial development activity on the East Rand can be seen in Pomona with several industrial parks and standalone buildings currently under construction. Due to its proximity to OR Tambo International Airport, the R21 and R24 freeways and the availability of land, many large-scale logistics and warehousing, and distribution companies are looking to Pomona as their new home. Plumbago Park, Eastport Logistics Park, and Pomona Precinct to name a few are large-scale industrial precinct development offering users modern, practical, and highly efficient facilities with operational cost reduction and optimization knock-on implications which have in turn attracted numerous blue-chip tenants to the node.
Founded in 1887 as the administrative centre of the East Rand, Boksburg was previously known for its gold and coal mining. Today, Boksburg is home to a thriving community of residential and commercial properties, with tenants attracted to the affordable prices, convenience, and high square footage available in this area. Galetti currently has a host of versatile options available in this node.
Jet Park is one of the most sought-after areas for industrial properties in Boksburg. The area offers a diverse range of industrial properties, from small mini-industrial units within secure business parks to large standalone facilities with large yard areas and turning circles to allow for excellent truck reticulation. The area also caters to a variety of industrial users from light industrial warehousing and distribution users to heavier manufacturing users. Key to Jet Park’s popularity is its location, ease of accessibility to major road, rail, and air transportation networks, and its variety in terms of industrial properties on offer.