Lanseria Corporate Estate Ready For Business

Private Property South Africa

A new corporate estate is set to give Lanseria an industrial shot in the arm. Located adjacent to Lanseria Airport on Malibongwe Drive, Lanseria Corporate Estate covers an area measuring approximately 90 hectares on which 169 industrial stands ranging between 3 500 sqm’s and 7 300sqm’s have been made available to lease or purchase. The estate is a joint venture between Efcon Capital and New Property Ventures and has been earmarked as an upmarket, multi-faceted industrial node. Attention has been paid to all elements of the estate which includes safety and security, traffic accessibility, environmental sensitivity, proximity to labour resources and general aesthetics. From a safety and security perspective, only the best protocols are being utilised. Indeed, the same security system is employed by the FBI, the Kennedy Space Centre and a number of Israeli embassies. Rentsec has been contracted to provide the custom engineered, military grade security system which features a complex network of cameras, detectors, video alarms and horn speakers. An off site control room manned by intervention specialists is linked to the system as is a dual perimeter fence. When questioned as to the incorporation of such a high-tech security system, Jurgen Erhart of Efcon Capital said that security is one of the primary considerations of many companies both when selecting a premises and on an ongoing operational basis. Adds Erhart: “We are dealing with top notch local and international companies and this is the level of security they want and expect in a corporate estate.”In terms of accessibility, Lanseria Corporate Estate is ideally positioned in that it lies within easy reach of Fourways, Dainfern, Randburg, Krugersdorp, Centurion and Hartbeespoort. Tenants at the estate will also undoubtedly benefit from the toll-free N14 freeway off-ramp which feeds directly into the area and the improved traffic flow stemming from the recent upgrade of Malibongwe Drive. Environmentally, the estate has been planned along eco-friendly lines. This will be achieved through the use of on-site sewer treatment which will be reticulated for irrigation and on-site storm water and waste management. The estate will also feature green, open spaces and environmental assessments will be carried out on all building plans.Labour-wise, the estate will be able to draw on the skills of nearby Cosmo City’s sizeable work force. It is estimated that the construction phase will create 19, 000 jobs and an additional 11, 000 direct and indirect permanent jobs will be created upon completion. Those who work at the estate on a permanent basis will be treated to wide, indigenous tree lined boulevards and appealing, dynamic architecture. Stands at the estate have sold well with a number of entities poised to set up shop including Freeworld Coatings, Cash Crusaders and Renico Construction to name but a few. Over R100m has already been invested in basic estate infrastructure which, importantly, includes the provision of electricity to all stands. It is estimated that investment in the estate will tip the R2bn mark within the next few years. As Johannesburg grows and urban sprawl kicks into high gear, it is clear that Lanseria is destined to become one of the city’s primary commercial, industrial and residential hubs and that Lanseria Corporate Estate is ideally suited to meet the needs of this burgeoning suburb’s demands.

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