An overview article on the Triangle Industrial Improvement District (Bellville and Stikland)
Category Industrial Property News
City Improvement districts are becoming increasingly popular throughout various locations worldwide. In South Africa’s sprawling mother city (Cape Town) this is no different. Various locations have adopted the policies of urban renewal and rejuvenation through the much talked of special rated areas (SRVs). Bellville and Stikland industrial are following suit and in Cape Town many areas are adopting these policies. Which in turn are creating a huge industrial property interest in these said locations.
Security has and always will be one of the most vitally important factors for the development of an urban area and this has been a priority of the Triangle Industrial District from day 1. This is one of the priorities of the precinct as many urban areas around the world become increasingly unsafe.
“In October 2016 there was an increase of robberies on the public open space leading from Uranium Street. From the 1 November 2016, a security officer was deployed at the gate and turnstile with the CID’s trailer. To date, no further robberies were reported on the public open space”. - http://www.trianglefarmcid.co.za/index.htm.
An article which was published in the Tyger Burger a local newspaper in the area sighted the Triangle Industrial Improvement District as the safest out of all the CID (city improvement districts) in the Western Cape. Other include operations in the city bowl area as well as Macaroni beam in Milnerton. All of these CID’s have enabled the profiles of the said areas to raise significantly in various ways and this has ensured steady investment for industrial properties all across the Western Cape. However the fact that available land has become scarce which has seen a property boom in the Northern suburbs as according to eprop.co.za.
Leading property brokerage API Property Group have sighted the Bellville and Stikland area as a highly favorable industrial node for so many reasons. They have 28 available listed properties for rental in the greater Bellville area and 3 of them are in the triangle farm precinct. Stikland in Bellville has around 11. The industrial properties have varying sizes for any type of industrial business and initiatives such as the Triangle Industrial City Improvement District only help in raising the profile and safety of areas such as Bellville situated in the well established, commercial, residential and industrial area located in the Northern suburbs. The Northern suburbs are becoming a highly sought-after area as property prices skyrocket in the central business district of Cape Town. More and more industrial businesses are seeing the benefit of moving further North.
The triangle improvement district is also involved in social developments and initiatives which included a recycling project through local schools in the area which was launched in 2012. Other initiatives include cleaning, gardening, and signage services. With help to beautify the region and intern this instills a sense of pride in both residents nearby and the greater Cape Town community at large. This is precisely why leading property brokers such as highly skilled individuals within API Property Group have sighted various locations within the Northern Suburbs including Bellville as highly favourable industrial nodes for so many reasons.
Projects such as this have great spin-offs for certain areas and API Property Group recognizes this. It would seem there has never been a better time to invest in the Northern Suburbs just outside of South Africa’s most esteemed city Cape Town. With such a wide range of industrial property available there really is something for everyone industrial needs. Get in contact with a highly skilled broker today and start your next industrial operation, out of Bellville or Stikland.
Author: API Property Group
