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Rivergate

Businesses (145)
From R2,550,000 per m²
Size from 300m² to 336m²

1 Property For Sale in Rivergate

FROM R2,550,000

Prime Industrial Property For Sale

Features

Rivergate is situated at the “entrance of the north-east gateway” accessing the greater area of northern Tableview, via Sandown Road to the suburbs of Parklands, Parklands North, the brand-new suburb of Sandown, Sagewood Security Estate and Sunningdale to the west.

This area has been recognized as one of the Western Cape’s fastest growth nodes, year after year, month after month; with exponential sales volumes being achieved in both the residential sectors, retail, commercial and industrial nodes.

The proof is in the pudding … history has shown that this area continues to offer exceptional value for money, great returns on investment and is known as the most affordable seaboard front in the Cape …. modelled on the township developers’ original premise and objective, of creating an environment based on the concept of the “live, work, play and invest place to be.”

Sandown Road … the southern carriageway was opened on 29 October 2013 and has fast become, the second, much needed east-west connector road, linking the R27 West Coast Road to the N7 national road, via Malibongwe freeway (M12), providing access to greater Cape Town CBD, the harbour and Cape Town international airport.

In November 2016, car counts confirmed in excess of 22,000 cars a day were travelling this road. Since then, it is anticipated, given the subsequent growth in the area, that this figure now exceeds 30,000 + cars a day.

The good news, is that in early 2019, the township developers in the area, in conjunction with CoCT, will award the tenders to dual Sandown Road, providing a northern carriageway from the R27 to the N7.

The Sandown widening project will also see a clover leaf loop ramp providing access directly onto the N7. This will undoubtedly improve traffic flows, by alleviating the stop / start traffic interruptions caused by the current right turn signalised intersection. The projected construction period is estimated to be completed +- 15 months.

Rivergate will be served by Cape Town’s “MyCiti” integrated rapid transport bus system, which future “roll out” plan will see the dedicated bus lanes being accommodated down the centre-median between the northern and southern carriageways along Sandown Road.

In years to come, the current Atlantis railway line will be upgraded to a commuter passenger line, which railway station node is anticipated to transform into a regional urban node of some considerable importance, envisaged to include the likes of local public offices; a clinic; police station; magistrates court; a hospital and municipal offices.

Retail / Commercial opportunities …. A limited number of General Business (GB1) sites, allowing prime retail / commercial opportunities, are available along the Sandown Road precinct. These sites of varying sizes offer exceptional exposure, in a great location, with good ingress-egress in the fastest growth node in the Cape.

  • Selling prices range from R 1,485/m2 (inclusive of VAT)
  • Mixed Use (MU2) light industrial land …. Currently only a handful of mixed-use light industrial erven remain available.
  • Phase 1 of the Rivergate Business Park is SOLD OUT.

Rivergate Business Park Phase 2, comprising a subdivision of some 67 x mixed use light industrial erven is currently in an approval process through CoCT and is planned to be launched in the first quarter of 2019.

Since inception, we as the original Township Developer have achieved success through in-depth knowledge in the design and approval of the development framework.

We have a reputation of integrity and reliability and are able to assist you in maximizing your investment.

In the news

Sandown Road Dualling
After 11 years of planning, the Sandown Road Link was opened on 29 October 2013. The opening was celebrated by not only those attending the "Road Opening Ceremony" hosted by township developers Garden Cities, The Milnerton...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Aska Property Group website is accurate and up to date, Aska Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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