SHOWING AREA PROFILE 1 OF 1
 

Melrose Arch at a glance

Office space to rent in Melrose Arch has always been the benchmark for commercial property in Johannesburg, if not South Africa. Office rentals have generally lingered in the P-Grade range and are currently around R240 per msq, space dependant. Even in a soft office rental market which we have been experiencing for some years now, Melrose Arch remains one of the lowest office vacancy areas in Johannesburg.

Originally, Melrose Arch offices were developed as a brainchild to create the first fully mixed use and mixed service precinct in South Africa. Perhaps the only competition in years gone by has been the V&A Waterfront office space in Cape Town. However, in more recent years, Melrose Arch office rentals have seen greater competition from its nearby neigbours of Sandton and Rosebank. The Gautrain has had a major impact on Melrose Arch office space rentals, as the stations are situated in Rosebank and Sandton, rather than within the Melrose Arch precinct. Although there are Gautrain busses that can scoot you in and out, comparitive office spaces have the Gautrain within short walking distance.

Apart from Melrose Arch commercial property, it has also developed a few new Hotels, to match the world class retail component within its borders. This allows a turnkey lifestyle living, when added with high end residential apartments available. Melrose Arch also gives a highly cosmopolitan flavour to Johannesburg, and it sometimes seems that we are in a different country when walking through the multi-use precinct. This world class environment is reflected in the office space rentals.

Whichever direction Melrose Arch office space goes in over the next few years, one can be sure that it will always remain an iconic address for any company looking to make it's stake in the South African marketplace.

Call us on 0861 6222 62 to view office space to rent in Melrose Arch.

3 Commercial Properties To Let in Melrose Arch, Rosebank and Surrounds

FROM R150 to R160

Melrose Arch In the news

Listed property funds eye Rosebank‚ Gautrain
The reshaping of Rosebank's skyline is gathering pace as listed property funds' private investors and financial institutions continue to pour millions of rand into Gautrain-driven development opportunities. After two years of...

Melrose Arch In the news

Rosebank is the new (and improved) Sandton
Rosebank is fast becoming the most sought after area in Johannesburg for new office space. The suburb is often called "mini-Sandton" or "Sandton without the traffic". These cliches are there for a reason though, and they are...

Rosebank and Surrounds in the news

Office rentals in Rosebank competing with Parktown?
There is a kind of cannibalism going on at the moment in the highly contested office space rental market. Let's look at the historically "friendly neighbours" of Rosebank and Parktown. Well this friendship has truly been tested...

Disclaimer: While every effort will be made to ensure that the information contained within the Ash Brook Properties website is accurate and up to date, Ash Brook Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.