Developments under way at Saxdowne Park
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.”