Bedfordview Commercial Property

Other than Edenvale, the garden suburb of Bedfordview is one of the closest suburbs to the OR Tambo International Airport, so for business people briefly visiting the city, Bedfordview is an ideal location. It is a quintessentially Johannesburg suburb with the ambience of a bygone era. Much of Bedfordview still looks and feels as it did 50 years ago – giving it a welcome retro scope.  

 

 

Aside from that, this part of Johannesburg, east of the city centre is a quiet and leafy place to stay for anyone. The up market neighborhood is almost park-like due to the tree-lined streets and lush gardens with prolific bird life. Bedfordview is only 15 minutes from the vibrant Johannesburg CBD (downtown Johannesburg) and offers prime rental space for those wishing to live near the rapidly changing city centre. The inner city is not only the historical centre of the city but is part of an inner city regeneration project that hopes to refurbish this part of Johannesburg to its former economic and cultural glory. The aim is to transform the inner city to a place that is clean and green and safe for residents and visitors alike. Residential property owners in Bedfordview are poised to take advantage of the redevelopment of the CBD.  

Bedfordview offers on average residential properties of the highest value with the Greenstone/Founders Hill residential suburbs catering to the upper middle classes.  Remaining residential nodes cater for the middle and lower income groups, predominantly the labour forces for the surrounding businesses. Houses here are older, but many properties have the benefit of fantastic views of the CBD.

Bedfordview is the main office node of the Eastern Industrial areas. Commercial properties in Bedfordview are predominantly B grade, in a good state of repair and continued upgrade and maintenance.  Few A grade offices exist, mainly to a lack of development space. There are three large office blocks, currently single tenanted becoming available in the course of next year, totaling 10 000m2. This is bound to affect the office rental market (as it is a niche mode in the East) unless the excess space gets absorbed by re-signing single tenant occupiers.  Bedfordview borders the heavy industrial nodes of Germiston, which has a stable power grid providing adequate resources for manufacturing – a welcome feature of the industrial nodes in the East.  Jet Park has experienced high demand for large warehousing and manufacturing space. Trends are for mega warehouses and distribution centres in the area.  Subsidiary industries are taking up smaller spaces surrounding the large companies offering support services of various kinds.

Bedfordview is close to a number of shopping malls, including the epic Eastgate with its myriad shops, entertainment venues and excellent restaurants; and Bruma Lake flea market, which is a conversion of an old sewerage catchment area into a lakeside market, mall and commercial park.   

Commercial Areas