Have you ever considered setting up and running your business in Sandton? You have undoubtedly discovered just how abuzz Sandton is and if you want to share in the influx of consumers to the area on a daily basis, it might just be time to relocate your business there. The business district in Sandton is made up of various areas, including Sandton CBD, Wierda Valley, Sandown and Benmore. It is considered the largest commercial area in Johannesburg that’s not actually central. In fact, Sandton is the financial hub of South Africa and also plays host to the Johannesburg Stock Exchange. It’s the capital of wealth and style in Gauteng, so whether you are there for business or pleasure, you are bound to be impressed by all that the area has to offer.
The history of Sandton is quite interesting and its quick growth is certainly what placed it on the map. In the past, it was nothing like the busy area it is today. It was actually a small holding community which grew and expanded into a community with a functioning municipality and buzzing business district. The area has come a long way, and it’s obvious that it’s going to keep developing and expanding with each passing year.
While Sandton started to grow rapidly in the 1930s, it was in the 1970s that big businesses made their way to settle and operate in the area. This is the same time era that ground was broken for the Sandton City Shopping Centre. In addition to being the financial capital of South Africa, it is also considered a shopper’s paradise with a myriad of some of the most expansive and impressive shopping malls in the country. Top shopping opportunities are possible at Nelson Mandela Square, Michelangelo Towers Mall and Village Walk Shopping Centre. In fact, there are over 300 stores in Sandton City. It’s common to find medical, financial, IT and fashion related businesses operating in the area.
If you are shopping around for commercial property rentals in Sandton and want to ensure that you get a good price, it’s best to know what the average asking price is. Generally speaking, commercial rentals in Sandton range between R100 per square metre and R165 per square metre. Most rentals are all inclusive, which means that you won’t have to pay extra for parking, municipal costs, office servicing, maintenance and similar. Unfortunately, you can expect to pay extra for rates, electricity and taxes.
At Abland, we can assist you with finding the right commercial property to let in Sandton for your business. We have various properties available that are well located, fully serviced and considered A grade. Each of the properties is also on major public transport routes and close to the Gautrain, which is most convenience.
If you would like to find more commercial property options to consider that are in-line with your expectations and your budget, simply contact us at Abland. We are available via email and telephone, and look forward to assisting you with your business property needs.