The area will service the West Coast growth corridor, the fastest growing industrial, commercial and residential area in the Western Cape.
The precinct which straddles Sandown Road permits the development of multi-storey buildings to accommodate both office and retail use, including shops, supermarkets, financial institutions, showrooms, cafés and restaurants.
Mixed use high density residential development is also permitted along this road. To date, agreements have been concluded for two filling stations and Curro has opened its doors, offering education from 2018. Design Guidelines and Development Controls have been established to ensure that that this precinct gives rise to a harmonious and functional urban environment. Managing Agents have been appointed to maintain the standards determined for this development.
Rivergate Industrial Park
Rivergate Industrial Park will offer a range of opportunities for medium to larger development, with erven ranging from 5,000 m² to sub-divisional superblocks of 80,000 m². Whilst a mixed use of activities is permitted, it is expected that the business park will primarily be developed as light industrial, warehousing, manufacture and commercial uses. The centrally positioned Rivergate Industrial Park is the first development undertaken within Rivergate. The industrial park has been securitized by an electrified palisade walling/fence combination with a guard house positioned at the entrance. Erf sizes in the industrial park range from 450 m² to 3,000 m².
Rivergate offers good value for first time property investors who want to own industrial or commercial property in the rapidly expanding Rivergate Estate in Parklands.
Rivergate Industrial Park Rentals and Sales
For more information about the property, contact Assetbridge Real Estate or by completing the contact form below.