Property flies off the shelf at airport estate
Property on the corporate estate has been selling like hot cakes.
One of Gauteng’s newest upmarket industrial property developments near Lanseria airport has taken flight and in the first phase prime land of 240 000sqm has been sold.
The ultra-modern, eco-sensitive Lanseria Corporate Estate borders Lanseria International Airport, with access from Malibongwe Drive.
Development on 127,000sqm of land for warehousing, factory and office space either has been completed or is under way at the commercial estate.
The estate is an attractively designed, environmentally friendly and eco-sensitive development with strong development controls. It features a green park-like design and extensive indigenous landscaping. It also uses recycled water for irrigation and flushing toilets.
Cash Converters is one of the leading businesses that has chosen Lanseria Corporate Estate as a strategic business base.
Several more privately led large developments in the estate include new warehousing and distribution facilities, with many more companies having invested in the growing new development precinct.
The robust take-up of land in the first phase of the landmark development next to Lanseria Airport means that only seven stands of the initial 47 stands remain available for sale at the moment.
When fully developed, the entire estate will comprise 150 stands.
Contributing to this is the recently upgraded runway at Lanseria International Airport, which has led to a big increase in the number of domestic flights by both Kulula and Mango airlines.
Lanseria Corporate Estate also enjoys access to the N14 Krugersdorp highway, which is toll free. In addition, the developing estate benefits from ample power for large power users supplied by Eskom at a substantially lower rate than City Power.
