Area in Focus: Joburg’s Illovo Combines Lifestyle and Convenience
Galetti Corporate Real Estate
Galetti Corporate Real Estate is one of South Africa’s leading commercial and industrial real estate consultancies.
Area in Focus: Joburg’s Illovo Combines Lifestyle and Convenience
Once a quiet residential neighbourhood in Joburg’s upmarket Northern Suburbs, Illovo has undergone a transformation in recent years to become a vibrant mixed-use area with strong investment appeal. Those looking to relocate to this up-and-coming business hub are in luck, as Galetti has two exceptional office buildings in its portfolio: Illovo Edge and Illovo Point.
Illovo Edge
Illovo Edge offers private equity investors a rare opportunity to acquire a fully tenanted P-Grade office building, with a built-in rental income. The successful investor has the option to position their own office on the top floor of the development. High-end finishes and a no-expenses-spared approach to the fit-out truly encapsulate a feel of sophistication and professionalism.
The building is 3?265 m2?with beautifully appointed open-plan and contemporary office units ranging from 300-900 m2. Natural light flows throughout the glass fa?ade of this four-story development and a rooftop garden looks out over the adjacent, leafy suburb of Hyde Park. This area can be used as an event space or an alternative working space for those wanting to take in beautiful surroundings in a secure environment.
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Illovo Point
Offering tenants unrivalled 360°?views and ‘Skyline Supremacy’, Illovo Point is fast cementing its status as one of Joburg’s most sought-after office buildings. With a total floor size of 15?750 m2??and units ranging in size from 267-877 m2, tenants are able to choose an office that meets their individual needs. As an added benefit, the building offers highly efficient energy- and water-saving green features to reduce operating costs.
The 16-floor mixed-use development is adjacent to busy Rivonia Road, giving tenants unrivalled exposure. It is perfectly located between the Sandton and Rosebank business nodes and is in close proximity to Gautrain stations. Cutting-edge design choices set Illovo Point apart, as it is designed to maximise the quality of work-life, comfort and productivity of its occupants. Careful consideration has been given to ensuring optimum light levels and air flows.
Quality on-site restaurants and an entertainment area on the breathtaking top floor mean that tenants don’t have to leave the building to entertain clients.?
These developments are truly in a class of their own and we are expecting high levels of demand from investors and tenants. To avoid missing out, contact Galetti’s Paveshan Govender at?[email protected]
Commercial Sales and Leasing at Burstone Group
2 年Illovo is on fire and no one better that knows it off by heart than Paveshan Govender !! ????