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 indicative of the fast paced take-up of commercial space in the suburb.
New developments are a clear indication of the listed property funds' confidence in Rosebank. Below are some of the more recent developments that have changed the skyline of Rosebank:
144 Oxford Road
Growthpoint's latest development, 144 Oxford Road is a nine storey, 35,000m² office development that has been designed with two office towers and a centralised office core, with a breath-taking multi-volume atrium. Offering unparalleled exposure and location, it is situated perfectly as the gateway to Rosebank.
The Rosebank Link
Redefine's jewel in the Rosebank crown is the towering 15 Storey Rosebank Link, situated across the road from the Gautrain. The East and West facades consist of a steel clad shell with articulated strip windows to allow light and views to filter into every office. The backdrop to the facades is a smooth glossy flat finish which tranforms itself into the underbelly of the building. No doubt a unique set up external features that have attracted a "fully let" title with We Work taking up over 11,000sqm of office space
Cnr Oxford and Glenhove
Oxford & Glenhove, is Barrow's 22 000 m2 AAA grade sectional title office development. The development sits on a strategic site on the corner of Oxford and Glenhove roads at the gateway to the Rosebank CBD across the road from Standard Bank's new offices and within walking distance of the Rosebank Gautrain Station
104 Oxford Road
Spire's new sectional title developments has Vukile as it's anchor tenant, and is priced at a value for money rental for a new development n Rosebank. Access from 9th road, yet still with fantastic visibility from Oxford. This is a smaller development of around 4,000sqm, but gives you the feel of being the king of Rosebank
This node is fast becoming the place to be for blue chip clients in Rosebank. BP anchors this node with over 8,000sqm created by Intaprop, who developed a 4 star green rated office space, across the road from the Hyatt, and diagonally across from 144 Oxford road.
There are various other developments in Rosebank that are being planned, and we are ceratin that in only a few years time, Sandton will be left in the dust with the up and coming "youngster", Rosebank.
Author: Grant Williams