Waterfall Bus Estate sod turning

05 Dec 2012

Atterbury announced it is starting the next 70 000 square metres of development at Waterfall Business Estate before year end.

Group 5 Sod turning ceremony at Waterfall Business Estate - Morne Wilken (Atterbury Property), Coenie Bezuidenhout (Waterfall Business Estate), Mike Upton (Group 5) and Paul Le Seuer (Group 5).

Waterfall Business Estate is a 1.6 million square metre mixed-use commercial development with a superb central location, between Sandton and Midrand.

Atterbury’s latest development at Waterfall Business Estate includes a landmark 23 000 square metre head office for Group Five and a 26 500 square metre warehouse for Tarsus.

It is also developing 6 000 square metres of offices for Golder Associates and another 5 000 square metres of speculative building at Maxwell Office Park.

Developing prime offices and distribution centres at Waterfall Business Estate is progressing at a pleasing rate, explains Atterbury Property Developments Director Coenie Bezuidenhout.

“As more commercial development is complete, and more residential units come to market at Waterfall, we are also creating community resources and to this end, Atterbury recently broke ground for a 9 000 square metre convenience centre at Maxwell Corner.”

High-profile businesses which have chosen to operate from the extraordinary new Waterfall Business Estate include Cell C, Altech Group and a Netcare Hospital.

Also under development by Atterbury at Waterfall Business Estate is a 30 000 square metre distribution centre for Walmart's Massbuild and an 8 000 square metre distribution warehouse for Digistics that services fast food industry companies like KFC and McDonalds.

Bezuidenhout says Group Five, Tarsus and Golder Associates continue the stellar line-up of leading business names that have chosen Waterfall Business Estate as their business address.

Leading SA property fund, Atterbury Investment Holdings, is the major investor in Waterfall Business Estate, with an 80 percent stake and 20 percent is owned by Atterbury Property Development.

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