Lanseria office estate: no-toll node - Market News, News
Please note that you are using an outdated version of Internet Explorer which is not compatible with some elements of the site. We strongly urge you to update to a newer version for optimal browsing experience.
22 Nov 2010

Lanseria Office Estate: No-toll Node

The Gauteng Freeway Improvement Plan is likely to dramatically cut travelling time between Pretoria and Johannesburg and may even go some way towards reducing the time spent on highways linking the East Rand with the West Rand.

The entrance to Lanseria Corporate Estate. Malibongwe Drive is soon to be upgraded to cope with higher traffic volumes in the area.

But this plan comes at a price because 560 km of freeways will be toll roads, placing additional financial burdens on truck operators, logistics companies and ordinary commuters.

While the South African National Roads Agency Limited says that the average toll fees are expected to amount to about R350 a month for most motorists (after the frequent-use discounts) the reality is that the tolls could be considerably higher than that for truck operators.

Sanral says the immediate benefits for all road users – once the highways have been upgraded – will be reduced travel times, less wear-and-tear on vehicles and lower fuel costs.

Jurgen Erhart, head of Efcon Capital and an industrial property developer claims that the untolled routes around Gauteng are going to be a more popular alternative for logistics companies that use the roads.

He claims that this is one of the reasons that more and more logistics companies are expressing an interest in acquiring warehousing and industrial space that is not adjacent to the tolled highways.

At this stage it seems the N14, between Pretoria in the north and Krugersdorp in the west is unlikely to be tolled prompting what Erhart claims is renewed interest in industrial property along the route.

His company is involved in developing the 90 hectare Lanseria Corporate Estate, adjacent to the Lanseria Airport and he says the industrial park will provide easy access to Fourways, Randburg, Erasmia and even Hartbeespoort, Rustenburg and Brits.

Erhart says that Malibongwe drive, that leads through Randburg and Strydom Park towards Northcliff is undergoing a major revamp costing R375-million and 5,7 km of new dual carriageway is being added to the R512, extending it to Lanseria.

The road-upgrading programme is mainly aimed at alleviating current and future traffic congestion from Cosmo City, a major affordable housing development on the western side of Malibongwe Drive.

For more information about Lanseria Corporate Estate, contact Simon Mills on 083 357 7592

Readers' Comments Have a comment about this article?  Email us now

About the Author
Paddy Hartdegen

Paddy Hartdegen

Freelance columnist at property24.com.


Next article

Fresnaye – there are some bargains

There is a super-luxurious Cape Town property for sale for R100m and a bargain fixer-upper in need of a lot of TLC might be found for around R3,5m.

Read more
Fresnaye – there are some bargains
Newsletter
Get the latest property news.
Select your options:
Get the latest news
Share
Google Plus
EmailEmail Print Print
Top Articles
The entry-level price is around R8.5m but there is little below R10m in ...

In certain areas like Sandton, Johannesburg’s rental market boom has bee...

Atterbury has kick-started its Richmond Park project with the first of t...

Evergreen Broadacres offers town-meets-country living with 3 bedroom pet...

Situated on a desirable stretch of coastline, the Garden Route offers a ...

Loading

Your browser is out of date!

It looks like you are using an outdated version of Internet Explorer.

If you are using Internet Explorer 8 or higher, please verify that your Internet Explorer compatibility view settings are not enabled.

For the best browsing experience, update to the latest Version of Internet Explorer or try out Google Chrome or Mozilla Firefox.


Please contact our Property24 Support Team for further assistance. Tel. +27 (0)861 111 724