Link road launch spurs Parklands plot sales
New link joins the R27 and the N7… and property chiefs see a bright future for investors in new suburb
SALES of single residential erven in Parklands have picked up significantly this year, according to Dave MacleodElliott, sales director of the Aska Property Group.
“Since January, more than 220 erven were sold in the new phase of Parklands, north of Sandown Road,” he says.
Aska sales executive Nathan Green works closely with local architects and a panel of preferred builders on the plot-and-plan homes. Green and the architect tailor-make a home to suit each client’s needs and budget, then submit this plan and specification to the panel of builders to get the most competitive price.
“Since the beginning of the year, we have been approached by numerous prospective home owners who have been unable to find something suitable in the open market,” says Green.
“There is a shortage of good-quality homes for sale in the area and buyers have realised that there is a lot of merit to buying now. Parklands North is booming, with many homes under construction.”
This new suburb is close to a wide range of amenities, including top private schools, new shopping centres, the beach and the recently opened Sandown Road link, which connects the R27 west coast road with the N7.
Mcleod- Elliott says that retail and commercial property sales in Parklands are on par with activity when the suburbs of West Beach and Sunset Links were launched more than 10 years ago.
“It appears that astute retailers, entrepreneurs and speculators have been eyeing these limited opportunities along the long-awaited Sandown Road precinct for some time now and wanted to secure them before the road opened.
“Besides the recent opening of the Emporium Shopping Centre, which resulted in the largest turnover ever experienced nationally by a Food Lover’s Market outlet, the Parklands Joint Venture is in the process of concluding a number of retail and commercial land sales worth over R150 million along this very important route.”
In phase one of this road link the southern carriageway of Sandown Road was opened, linking the eastern suburbs to the west coast. The road enables motorists to travel from the N7 and M12 in the east and along Sandown Road to link up with the west coast road and the beach areas of Table View and Blaauwberg.
“Throw in the extension of Pa r k l a n d s Main Road t o Sandown Road near the future railway station and I’m sure that motoring here will be an altogether new experience. The Parklands Road connection to Sandown Road opened on October 30, the day after the Sandown Road link opening,” says Mcleod-Elliott.
“In the future, the northern carriageway of Sandown Road will be constructed and the MyCiti bus route will be extended from this road to encircle Parklands, running back to Bayside Centre and the changeover to the city centre.”
He says retailers, oil companies and speculators have been jockeying for prime positions, anticipating that the opening of this second east-west corridor will result in an almost immediate contraflow of southernbound traffic trying to access Blaauwberg Road.
“Drivers would prefer to travel northwards, on the more direct and faster-flowing Parklands Main Road and Sandown Road to access the N7,” says Mcleod-Elliott.
Simultaneously with the opening of the Sandown Road link, the Rivergate Business Park was officially launched.
Aska marketing director, Tony Clarke says 21 of the 30 erven worth more than R33m were snapped up in the first week after the pre-launch of phase one of the Rivergate Business Park.
“A further five erven are under negotiation and only four light industrial plots are still available in the enclave. Erf sizes range from 450m² to 3 000m ² and the early- bird prices range from R1 200/m² to R1 350/m². The sales team is also negotiating with several larger industrial users for land to the value of R75m.”
Rivergate Business Park is an enclave of several smaller industrial plots in Rivergate Commercial Precinct, which straddles Sandown Road and permits the development of mixed use commercial, industrial, institutional and residential building. Properties here have views of Table Mountain to the south and the Durbanville hills to the east.
“Rivergate Business Park will offer opportunities for medium to larger development, with erven ranging from 5 0 0 0 m ² t o s ub- divi s i o nal superblocks of 80 000m²,” says Clarke.
● Call 021 556 2333 or see www. a s k a . c o. z a o r www. rivergate.co.za
MOVING ON: After losing a month due to labour strikes and a wet August, the Sandown Road link was officially opened on October 29 by Robin Carlisle, the Western Cape MEC for Public Works and Roads.