As the demand for small to medium-sized industrial space continues to pick up, Hennopspark has now been identified as an industrial node offering the marketplace “significant value for money”.
This is according to Org Geldenhuys, managing director of property and management company, ABACUS DIVISIONS , a company who is currently involved with popular office park developments such as the Route 21 Corporate Park in Irene, and Highveld Techno Park in Centurion.
Geldenhuys said Hennopspark is situated close to the popular Centurion business area and has “comfortable access” to the Ben Schoeman (N1) highway and auxiliary roads. “While the rental market is slowly picking up, rentals, in the Hennopspark area, start at R40,00 per square metre. “This,” said Geldenhuys, “offers superb value for money for companies – especially considering the growing need for a mix of office and industrial space”.
Geldenhuys said that while the rental market is continuing to show sustained signs of recovery, there was still considerable pressure on many landlords – with an estimated 40 000 square metres of office space “still standing vacant in the Centurion business area”.