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

Weekend Argus (Saturday Edition) - - PROPERTY - SATUR­DAY

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. river­

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.

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