Sandton, situated in the northern suburbs of Johannesburg, is recognised as the high-energy commercial centre of South Africa and is ideal for those in search of both residential property and business real estate. Considered by many to be the 'richest square mile in Africa’, many major companies have invested in Sandton property, thus offering a plethora of employment opportunities in diverse industries.
Owning Sandton property is an investment in a trendy lifestyle. Real estate is in high demand amongst those who are looking to upgrade to a more distinguished and prestigious way of life.
The Sandton Gautrain portal has positioned Sandton as an accessible business and social destination, and ensured that Sandton property continues to be sought-after due to accessibility. As a preferred destination for private and corporate clients, Sandton rentals continue to meet and exceed expectations.
Sandton derives its name from Zandfontein, the farm it originally started out as. It became a bustling business district with the construction of Sandton City, which was erected in the early 1970s and eventually opened for trade in 1974.
In the mid-1980s, property in Sandton was considerably cheaper than that in the Johannesburg CBD, which resulted in a Sandton property rush. The area was transformed after the discovery of gold in 1886. Land values increased and old farms were sub-divided and sold to developers. Local small holdings benefitted greatly from the sudden economic development and many of them supplied fresh produce and other trade to the goldfields.
The allocated Sandton office space in the 1980s was originally only 200 000 square metres, today Sandton office space has grown to over 1 million square metres.
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Pam Golding Properties launches new commercial broking service in Sandton and northern suburbs of Johannesburg
Pam Golding Properties (PGP) Hyde Park has launched a commercial broking service that will assist clients in the buying, selling and renting of office and other commercial space in the northern suburbs of Johannesburg including Sandton and its surrounds.
“As a leading residential property agency, PGP has developed close relationships with many corporate decision makers in Johannesburg’s northern suburbs and the greater Sandton area,” says Rupert Finnemore, joint area manager of PGP Hyde Park. “A number of these clients have expressed a need for a property service that can take care of their every property requirement.”
Finnemore explains that the new add-on broking service has been specifically designed to meet the requirements of these clients, and in order to deepen PGP’s relationships with them. “This highly-flexible product is designed to provide decision makers with a convenient and full spectrum property service,” he adds.
PGP property agent, Wayne Venter, who will be heading up the new commercial service, affirms that many of PGP’s clients are business leaders whose time is precious to them. “As far as property is concerned they want to have a single point of contact that is trusted, experienced and is able to provide them with complete peace of mind when it comes to their property requirements,” adds Venter.
Venter, who has considerable experience of the Sandton area, marketing some of the most exceptional apartments in this highly sought after location, says that the new PGP service will, for the most part, be assisting with the sale, purchase and letting of office space. However, PGP will also assist with requirements in the retail and industrial property sectors where the need arises.
“We have noted that mixed-use developments, which contain a range of different property types, have become increasingly popular and prevalent in recent years. PGP’s commercial brokerage will also be perfectly positioned to assist these developers. We are able to meet their every commercial property need, no matter whether office, industrial, retail or residential.”
The extended service will work in cooperation with 5th Avenue Properties, one of South Africa’s leading commercial property brokerages. PGP and 5th Avenue Properties are aligned through their mutual association with international property group, Savills.
For further information on the Pam Golding Properties Hyde Park commercial broking service please contact Wayne Venter on telephone 011 380 0000 or 073 254 1453.