Johannesburg at a glance

Gauteng Industrial and Commercial Properties

Location Overview:

Osher Property Solutions is strategically located in Gauteng, the economic business hub of South Africa. This encompasses major cities including Johannesburg, Midrand, Pretoria, and Ekurhuleni offering a diverse landscape of industrial and commercial opportunities. The region is well-connected through an extensive transport network, including major highways, railways, and various logistics and airports hubs including OR Tambo International Airport.

Economic Landscape:

Gauteng has the highest GDP per capita in South Africa contributing approximately 35% to the national GDP. It is home to a mix of industries, including manufacturing, finance, technology, and logistics. The province attracts significant foreign and domestic investment, supported by a skilled workforce and a robust infrastructure.

Industrial Sector:

● Key Areas: Industrial nodes renowned for their manufacturing and warehousing facilities are mainly centred around OR Tambo and Midrand.

● Types of Properties: The industrial properties in Gauteng typically include factories, warehouses, distribution centres, and logistics parks. The availability of large plots and access to major arterials make these areas ideal for businesses looking to scale.

● Investment Opportunities: The industrial sector continues to evolve with a focus on innovation and sustainability, presenting opportunities for investments in green technologies and smart logistics.

Commercial Sector:

● Key Areas: Major commercial districts include Sandton, Midrand, and Pretoria, which host a mix of office buildings, retail spaces, and mixed-use developments.

● Types of Properties: Commercial properties range from high-rise office blocks to suburban office parks and retail centres, catering to diverse business and consumer needs.

● Market Trends: There is a growing demand for flexible workspaces and co-working environments, driven by changes in work culture. Additionally, the retail landscape is adapting to e-commerce trends, with a focus on experiential shopping.

Amenities and Infrastructure:

Gauteng boasts a well-developed infrastructure, including:

● Transport: A network of highways and public transport systems enhance connectivity.

● Utilities: Power supply and water infrastructure support industrial activities, while advanced telecommunication networks facilitate business operations. Renewable energy currently makes up around 5% of the total grid with government intention to increase Solar to 6,5% and wind to 18% by 2030.

● Services: A range of amenities such as schools, hospitals, and recreational facilities contribute to a high quality of life for employees.

Challenges and Considerations:

● Regulatory Environment: Understanding local zoning laws and compliance requirements is essential for successful operations.

● Economic Fluctuations: As the economic landscape evolves, businesses should be prepared for market volatility and changing consumer demands, high unemployment and political instability.

● Infrastructure Strain: Rapid urbanisation may lead to congestion and infrastructure challenges, poor air and water quality, insufficient water availability, waste-disposal problems, and high energy consumption. This may be exacerbated by an increasing population density and demands of urban environments, necessitating strategic planning for a sustainable future.

Conclusion:

Gauteng's industrial and commercial properties present a vibrant landscape for businesses seeking growth and innovation. With its strong economic foundation, strategic location, and diverse property options, the province remains a top choice for investors and entrepreneurs in South Africa. As the region continues to adapt to global trends, the potential for success in Gauteng is significant.