DEKEMA PARK is the new Industrial security complex comprising of various size warehouse and factory units currently underway in Wadeville, Germiston.
The industrial park is set on a 32,000m2 site with sectional title units ranging from 500m2 to 3000m2. Dekema Park will accommodate a balanced spread of Industrial users. Access in the park can accommodate container trucks and inter-linked pentechnicons, and the floor to eaves height of each unit is in excess of 6m.
The increased momentum of Industrial property development all over Gauteng is clearly having its impact on Wadeville, the major industrial hub of Johannesburg in the mid 1980’s which is set to recapture its former glory as it is an integral part of the Blue IQ East Rand Industrial corridor initiative. This entails upgrading roads and infrastructure in the Kempton Park, Boksburg and Germiston areas.
According to local industrial brokers, vacancy levels in Wadeville are at their lowest point in 20 years. Wadeville boasts all the characteristics of a preferred Industrial township. It is one of the best located Industrial areas in the Greater Gauteng area. Few Industrial areas have such immediate access to almost all the major highways being the N17, N3, N12, M2 and the N1, as well as being closely situated to O.R Thambo International Airport. It is closely situated to the reviving Johannesburg Central Business District whilst being a gateway to the rest of the fast growing East Rand. Wadeville is also one of the few Industrial townships with an established railway siding network.
Units are available to buy and to rent and the development is being launched at a purchase price starting at R3,050.00/m² excluding VAT. The first units are nearing completion and are all under negotiation.
As a brand new Industrial security complex the appeal of Dekema Park to industrial occupants and investors is further strengthened by the operating costs of each industrial unit. The estimated levy of the units at Dekema Park is on average 30% lower than that of comparable Industrial complexes in the newer Industrial Townships. The occupants of Dekema Park shall benefit from the property insurance, rates and taxes in Germiston still being at a relatively low level. This makes Dekema Park also more appealing to the active or even novice Industrial property investor in a market where the increase in demand for Industrial accommodation over the last 18 months has been astounding.
The new growth phase of the South African economy is putting the industrial property market under massive pressure to accommodate the demand for warehouse and factory accommodation. Vacancy levels all over Gauteng are at an all time low. We are confident that the new ‘Dekema Park’ development will trigger even further demand and growth in Wadeville, which as an Industrial Township is one the few areas still having pockets of vacant land available for development.
For further information and contact Des on 082 412 8046 or visit the web site www.dekemapark.co.za
Publisher: AE Plastics
Source: Des Geraghty