A first-of-its-kind business and lifestyle park, Formula K trackside
Category Industrial Property News
In a first for South Africa, Formula K Business Park is a new commercial property development which overlooks a uniquely designed short circuit race track being constructed in accordance with international standards.
The units are designed to provide the ideal space for you to mix business with pleasure, whether it's providing a secure environment within which to run your business, park your motor baby or entertain your guests in style.
Location
Built with location in mind, Formula K Business Park is situated in Benoni - the racing destination of Johannesburg. The development, on the corner of Snake Road and Golden Drive off the N12 highway, is in an excellent position within the commercial and industrial belt of Gauteng's East Rand. It is in close proximity to all the major roadways in the region, easily accessible from all key landmarks in the province and an easy distance from O.R Tambo International Airport.
Units on offer
- Suites for Storage, Office & Warehouse use
This groundbreaking development will offer prime, upmarket commercial/industrial suites ideal for storage, office and warehouse use, ranging in size from 85m2 - 186m2. The contemporary units each have two parking bays with ample floor ceiling height. The upstairs mezzanine features a modern kitchenette and fantastic views of the race track.
- Large Garage/Workshop Units
Measuring 24m2- 186m2 in size, these units are ideal for vehicle storage, workshop use and parts storage.
- Smaller Storage Units
These units range in size from 3m2 - 19m2.
Facilities
Formula K Business Park is alongside a world class short circuit race track which is being constructed according to CIK/FIA standards and is set to be an ideal location for numerous competitions and events on an international level, yet suitable for the whole family. Additionally, the exciting new undertaking will feature a skidpan for advanced driver training, a K53 training ground as well as facilities for supercar enthusiasts.
"Recognized worldwide, this is a one of a kind facility. It's a dream track for karters, motorbikers and supercar enthusiasts. Local businesses have shown a positive interest in these AAA-grade commercial units for sale or rental and a number of units have already been sold." - Ross Kruger, industrial and commercial broker for Benoni, Boksburg, and Brakpan (API Property Group).
Also available is a bicycle track for those more inclined to a fossil fuel free, recreational activity, 4x4 tracks and a Warrior obstacle course for those looking for a dose of adventure without having to venture into the wilderness.
Furthermore, a clubhouse with conference facilities, restaurants and retail outlets will be available.
With safety being a high priority, there will be fantastic state of the art 24/7 security on site with access control.
Pricing
There are 23 units available in Phase 1 (Suites for Storage, Office & Warehouse use), which range in price from R1,020,000 (85m2) to R2,232,000 (186m2). Prices exclude VAT.
Completion dates
The race track is set to be completed for operation from 1 November 2019 and the commercial unit developments will be ready for occupancy around June 2020.
Contact details
Convenience and practicality are the cornerstones of this new development and with API Property Group, it really couldn't be easier to get involved. Contact leading property broker Ross Kruger, who will make your move to Benoni as easy and hassle-free as possible. There couldn't be a better time!
Author: API Johannesburg
