Sandton Central at a glance
Sandton, often referred to as the most affluent square mile in Africa, is located in the bustling economic centre of Johannesburg. It serves as a shining example of South Africa's economic strength, boasting a vibrant business landscape characterized by modernity, prosperity, and a relentless drive for growth. This comprehensive area profile will explore the various aspects that contribute to Sandton's appeal for businesses, including its rich history, thriving property market, strategic location, key industrial and commercial areas, robust infrastructure, efficient transportation network, abundant amenities, and the compelling advantages of leasing premises in Sandton for businesses of all scales. Notably, Sandton is home to The Leonardo, the tallest building on the African continent, further solidifying its status as a prominent business destination.
The establishment of the Sandton Central Business District (CBD) marked a turning point in the area's history. Today, Sandton CBD is the economic epicentre of Johannesburg, hosting numerous multinational corporations, financial institutions, and a vibrant commercial landscape. Its journey from farmland to a global business hub illustrates Sandton's remarkable adaptability and determination to thrive.
Sandton's property market is characterized by sophistication and stability. The area offers a diverse array of commercial and industrial properties, ranging from sleek high-rise office towers to modern industrial facilities. These properties cater to the diverse needs of businesses, whether they require premium office spaces, spacious warehouses, or strategic retail locations.
The property market in Sandton has consistently demonstrated its resilience and growth potential. The demand for commercial and industrial spaces remains robust, and property values have continued to appreciate steadily over the years. Investors and businesses alike are drawn to Sandton's property market for its promising returns and long-term sustainability.
The P, A and B grade office space totals 2 million square metres.
One of Sandton's most attractive features is its strategic location within Johannesburg. It is positioned in close proximity to key economic nodes, such as the Johannesburg CBD and Rosebank, facilitating easy access to financial and commercial institutions.
Furthermore, Sandton's location at the intersection of major highways, including the M1 and N1, ensures efficient connectivity to other important business hubs within the Johannesburg metropolitan area and beyond. This accessibility is invaluable for businesses seeking seamless logistics and nationwide reach.
Sandton serves as the nucleus of Johannesburg's commercial and financial activity. The Sandton CBD, with its iconic skyline, houses the headquarters of numerous multinational corporations, financial institutions, and legal firms. The Johannesburg Stock Exchange (JSE), Africa's largest stock exchange, is also based in Sandton, underscoring the area's significance as a financial centre. Other major companies in Sandton are Old Mutual, Discovery ,Sasol and Sanlam.
The major banks are Nedbank, Investec Bank, Rand Merchant Bank, Bidvest Bank, Capitec and Absa Capital. A few of the top law firms are Bowmans, Weksmans, Webber, Wentzel, Norton Rose Fulbright, and Sonnenburgs . Most of the Advocate groups are also located in Sandton.
Sandton's prominence extends beyond its CBD. The nearby suburbs of Rivonia, Bryanston, and Fourways are flourishing commercial and industrial hotspots in their own right. These areas offer a dynamic business environment, diverse talent pool, and a wealth of opportunities for growth and expansion.
Discovery, is in the largest building in Sandton, measuring 112 000 sqm , offers medical aid administration, life and car insurance ,bank accounts and investments.
Sasol, formed in 1950,is a global chemical and energy company listed on the JSE and the New York Stock Exchange and is in the 2nd largest building in Sandton measuring 70 000 sqm.
Sandton boasts world-class infrastructure that befits its status as a global business hub. The area is replete with modern office buildings equipped with cutting-edge technology, green initiatives, and state-of-the-art security systems. This infrastructure is designed to cater to the evolving needs of businesses in the 21st century.
Sandton's commitment to sustainability is evident in its eco-friendly developments and green building practices. This forward-thinking approach aligns with global trends toward environmentally responsible business operations, making Sandton an appealing choice for eco-conscious companies.
Sandton's transportation network is a model of efficiency. The Gautrain, Johannesburg's high-speed rail system, has a dedicated station in Sandton, providing rapid transit to the OR Tambo Airport and other major business centres. This connectivity simplifies business travel and enhances the area's accessibility on a national and international scale. The Ria Via bus service is currently under construction.
In addition to rail transport, Sandton enjoys excellent road connectivity, with well-maintained highways and major roads facilitating easy access by car and truck. This robust transportation infrastructure ensures seamless logistics and timely deliveries for businesses based in the area.
Beyond its corporate façade, Sandton offers a plethora of amenities that enrich the lives of its residents and employees. The area boasts a diverse culinary scene, with top-notch restaurants, cafes, and shopping centres catering to a range of tastes and preferences.
Cultural and recreational opportunities abound, with theatres, art galleries, and entertainment venues within easy reach. The sprawling Sandton City shopping mall is a retail mecca, offering a wide selection of brands and products. Other shopping centres are The Marc and Nelson Mandela Square.
Top restaurants in Sandton include The Saint, The Grill House, Pigalle, Hard Rock Cafe, Piccolo Mondo and The Aurum Restaurant. The Saint, located in The Marc, is an amazing dining experience unlike any other restaurant in Sandton.
Pigalle restaurant famous for its seafood is one of Sandton’s most exclusive and upmarket restaurants.
In addition, Sandton boasts numerous state-of-the-art healthcare establishments, guaranteeing convenient access to exceptional medical care for both workers and inhabitants. The presence of these outstanding facilities greatly enhances the overall quality of life in Sandton. Furthermore, Sandton CBD is home to various fitness centers, including Planet Fitness and Virgin Active gyms. Additionally, Sandown High School, a co-educational institution, stands as the largest school in the region, having been established in 1970.
The Sandton Convention Centre stands as a highly esteemed and cutting-edge business and conference facility in South Africa. With its impressive 12 storeys, it provides over 22,000 sqm of event space. Additionally, it offers the convenience of being connected to Sandton City through a skywalk bridge. Notably, the Grand Pavilion has the capacity to accommodate up to 4,500 guests for cocktail events.
Leasing premises in Sandton offers businesses a multitude of advantages:
- Strategic Location: Sandton's central location grants easy access to key business districts, financial institutions, and transportation hubs.
- Diverse Property Options: A wide range of property types allows businesses to find the perfect space to meet their specific needs, whether it's office space, warehousing, or retail facilities.
- Stable Property Market: Sandton's property market has a history of stability and steady appreciation, making it an attractive choice for long-term investments.
- World-Class Infrastructure: Modern, tech-savvy office buildings provide an environment conducive to business growth and sustainability.
- Access to Talent: The proximity to major educational institutions and thriving business districts ensures access to a skilled and diverse workforce.
- Amenities and Quality of Life: Sandton's diverse amenities and cultural attractions enrich the lives of employees and residents alike.
- Transport Connectivity: Efficient transportation options, including the Gautrain and well-maintained roadways, simplify logistics and business travel.
- Networking Opportunities: The presence of corporate headquarters, financial institutions, Sandton, Johannesburg, stands as a testament to the city's economic prowess and ambition. Its remarkable transformation from a rural area to a global business hub is a testament to its adaptability and determination to succeed.
Whether you're a start-up seeking to establish your presence or an established corporation looking for growth opportunities, Sandton offers the infrastructure, connectivity, and resources to support your success in the heart of South Africa's economic powerhouse. Leasing premises in Sandton is not just a business decision; it's an investment in a thriving ecosystem that continues to drive Johannesburg's growth and prosperity.
From R170 per m² to R235 per m²
