De­vel­op­ments un­der way at Sax­downe Park

Weekend Argus (Saturday Edition) - - PROPERTY -

PROP­ERTY de­vel­op­ment and in­vest­ment com­pany In­taprop has se­cured two ma­jor deals for tai­lor-made premises for For­mS­caff and Waste­man, at Sax­downe Park near Kuils River.

The 15ha prime park is in a grow­ing com­mer­cial node south of Kuils River, at the in­ter­sec­tion of Stel­len­bosch Ar­te­rial Road and Sax­downe Road. Sax­downe Park will in­clude re­tail, of­fices, lo­gis­tics fa­cil­i­ties, dis­tri­bu­tion ware­houses and small- to medium scale man­u­fac­tur­ing out­lets.

In­taprop di­rec­tor Henti van Zyl says ten­ants have shown a strong in­ter­est in the de­vel­op­ment.

“We have started work on a R42 mil­lion de­vel­op­ment for Waste­man, a waste man­age­ment firm op­er­at­ing across South Africa. Waste­man is due to move in to its new premises at Sax­downe Park in the third quar­ter of 2014. Th­ese premises will in­clude a 17 500m2 yard, a 1 800m2 waste man­age­ment fa­cil­ity, work­shops and 1 700m2 of of­fices.

“In ad­di­tion, we are de­vel­op­ing the R27m premises for Form-Scaff, a sup­plier of form­work, sup­port work and scaf­fold­ing to the con­struc­tion and civil engineering in­dus­tries. This de­vel­op­ment in­cludes a 1 391m2 sales ware­house, a 9 720m2 yard fa­cil­ity and 422m2 of of­fices. It is also due to be com­pleted in the third quar­ter of 2014.”

Sax­downe Park is on a main route and close to the R300, per­fectly po­si­tioned for dis­tri­bu­tion, lo­gis­tics and man­u­fac­tur­ing busi­nesses. Stel­len­bosch Ar­te­rial Road is a dual car­riage­way ar­te­rial which car­ries 31 000 ve­hi­cles a day. The route is the ma­jor link be­tween Cape Town In­ter­na­tional Air­port, Kuils River, Stel­len­bosch and in­dus­trial ar­eas such as Black­heath, Sax­en­burg Park and Air­port In­dus­tria.

The first phase of Sax­downe Park is ready-to-build Busi­ness 1 and Busi­ness 4 de­vel­op­ment parcels. Sites range in size from 5 000m2 to 20 000m2 and can be con­sol­i­dated to form larger de­vel­op­ment parcels.

“There is great de­mand for light in­dus­trial, ware­hous­ing and dis­tri­bu­tion fa­cil­i­ties in a prop­erly man­aged busi­ness park en­vi­ron­ment in this part of the met­ro­pol­i­tan area, es­pe­cially due to its cen­tral lo­ca­tion in the city,” says van Zyl.

“Its prime lo­ca­tion, zoned rights and com­pet­i­tive land costs all de­liver the best de­vel­op­ment op­por­tu­ni­ties in the node. The in­ter­est shown by the busi­ness com­mu­nity should en­sure the park’s suc­cess.”

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