Rosebank is located north of the Johannesburg CBD and aims at positioning itself as a well sought after prime node with quality office space. The Gautrain has increased accessibility and demand for quality space in the upper regions of the node. Retail and hospitality upgrades, as well as the thriving residential areas, have also contributed to the growing interest in the area.
The perfect office space is easy to find if you have the right knowledge and we at Quoin are determined to equip you with only the finest information to help you in your search for a suitable property in Rosebank.
Growth, development and investment opportunities
Resilient commercial property
Impressive capital growth in Rosebank has seen a steady demand for investments in the area.
Its office sector is a resilient commercial node that is evolving at remarkable rates and could be seen as a suitable match to Sandton. Millions are currently being pumped into new developments and in the next five years 100, 000 sqm of office space is due for construction. This is expected to pave the way for increased demand of more than 1000 apartments. New offices will be strategically positioned near the Gautrain station, shopping centres, schools and hospitals.
A new development is currently taking place in Rosebank and upon completion, it is set to be the tallest building in the area. Rosebank Towers is being developed by Abland in joint partnership with Redefine Properties and Ellwain Investment. The building will be 15 storeys high and due for completion in mid-2016. The building will boast a corporate address of one of the most sought after business locations, in the heart of Rosebank’s bustling CBD’s. It dwells on Bierman Avenue just off Oxford Road, and is close to all major amenities. The location of Rosebank Towers is supremely convenient offering close proximity to the M1 and is only three minutes away from the Gautrain station and Bus Rapid Transit (BRT) route. Rosebank Towers is walking distance to the Mall of Rosebank and the Zone Shopping Centre.
Each office floor is sub-divided into approximately 600-800 sqm with a total of 23 000 sqm of overall office space. The building will offer 22 000 sqm of lettable area and a parking ratio of five bays per 100 sqm. Floor plates account for around 3000 sqm to allow for effortless subdivision for tenants taking spaces from 600 sqm and up, without compromising the quality of office space.
A fitness club will also be constructed in the building, allowing tenants with a premium work-out facility that seeks to promote healthy lifestyle options.
The architecture of the building oozes corporate sophistication and is innovatively designed as a multi-tenanted H-shape consisting of glass, composite spandrels and plaster set on fragmented stone plinth.
Quoin Online currently has an office to let that will be available from 1 October 2016.
The office is in prime location to hassle-free vehicle access and strong pedestrian links and, for easy integration into the environment.
The CBD node of Rosebank has always been a desirable location and is currently attracting significant business interest. A number of new developments and redevelopments are mushrooming to create a landscape that is commercial, in the backdrop of functionality with trendy shopping malls, leisure spots, hotels and residential suburbs.
Another development taking place in the heart of Rosebank is the Galleria which be a mixed use development of approximately 90 000 sqm containing offices, retail, a hotel and, serviced and residential apartments.
Buying or renting an office space in Rosebank is ideal
The area is experiencing a surge in population size due to bustling and expanding businesses, as a result, residential buildings have sprouted at admirable rates.
The most recent trend is the construction of several high-rise residential apartments around Rosebank.
This positive development ensures that those wishing to invest in commercial property will be investing not only in office real state but a suburb that is developing rapidly and meeting the demands of modern business people and professionals.
The history of the area spans back to 1896 when plots of the area were first sold by auctioneer Richard Currie. Rosebank was originally a part of a farm named, Rosemill Orchards under the ownership of Mr Lorenco. Two decades into the 20th century the City Council changed street names in honour of World War 1 British Admirals. Cecil Behrmann was one of the first developers in the area and in 1950 construction in Rosebank began. He eventually sold out of the area but growth continued as the area appealed to many developers. Today, it is embraced by a trendy and upmarket atmosphere and is in close proximity to the Gautrain Station.