Assetbridge Real Estate

Industrial and Commercial Property Specialists

KNOWLEDGE & INTEGRITY

30 YEARS OF EXPERTISE

Rivergate developments taking off

The Rivergate Industrial precinct forms part of the West Coast developments of Parklands, Sandown and Sunningdale, which stretches between the West Coast Road (R27) and the N7. Sandown Road is currently the main connecting road with a large commercial precinct and will be a double lane with MyCiti Bus lines.

Rivergate Business Park was launched in November 2013 and consists of 55 erven, totalling roughly 90,000 square meters. There is a good amount of developments currently being undertaken with most it suitable for the rental market as Rivergate seemed to have been a favourable location for investors. Light industrial units range between 240 and 500 square meters at a rate of R 65 per m2 excl. VAT.

Multiple opportunities exist in this fast-developing region with various sites still for sale with one last MU2 (mixed use) zone plot still available. The site is approximately 6,000 square meters and is selling at below R 1,500 per square meter. The property has a bulk factor of 0.65 compared to the remaining erven having only 0.33. The site is located next to the new Curro development and has direct access onto Sandown Road.

Contact Andrew Hough for more information

072 176 6159
andrew@assetbridge.co.za