Why Paarden Eiland is a great place to be
Category Industrial Property News
Being an up-and-coming commercial and industrial precinct with a rich history and a wealth of opportunities, it's little wonder that more and more businesses across a wide spectrum of industries are choosing Paarden Eiland to be their home.
In 2016, Cape Town's City Council implemented a policy designed to increase economic development and investment in the Paarden Eiland area and to transform the area from a purely industrial one to a mixed-use precinct. This decision has led to a breath of fresh air being breathed into the Paarden Eiland corridor, which has since enjoyed a period of urban regeneration and growth.
Thanks to factors like its proximity to the CBD and Cape Town International Airport, as well as to residential areas, Paarden Eiland has played a pivotal role in the development of the Western Cape as a whole. In addition to this, it boasts some of the most affordable commercial real estate that the city has to offer. With its easy access to major highways and arterial routes, as well as to public transport, Paarden Eiland makes the transportation of both raw materials and finished goods simple. Over and above this, it is also easy for customers and employees to move in and out of the area.
These appealing characteristics have led to a vast number of businesses moving into Paarden Eiland in recent years, further contributing to the upliftment of the area and becoming part of the changing face of one of Cape Town's historic areas. The range of businesses which call Paarden Eiland their home are extremely diverse. From décor specialists, caterers and casting agencies to data specialists, printing companies, software developers and a host of manufacturers - they can all be found in Paarden Eiland, alongside many others. The location of this area, together with its facilities and infrastructure, makes it conducive to all types of commercial and industrial activity.
Paarden Eiland offers the epitome of the modern work experience, in which co-working spaces and flexi-time are a way of life, and in which office spaces offer every modern convenience. Satellite workstations are commonplace, and the balance between work and life is a priority. The type of ultramodern, sophisticated workspace commonly found in Paarden Eiland is the way of the future, and has been shown to increase productivity and boost staff morale.
A typical property in Paarden Eiland includes vast warehouse space, commonly split over multiple floors. A standard property up for rent or sale in the area will include office space - either open plan or cordoned off - which is generally separate from the warehousing facilities which the property may offer. Investment properties for sale include industrial and commercial buildings which offer a significant return on investment.
Business owners have cited numerous reasons, such as the desire to be part of history in the making, for their decisions to make Paarden Eiland their base. Some have mentioned the spacious buildings and ample parking that is available, while others make reference to Paarden Eiland's superb location and the fantastic amenities on offer. Being ideally situated in the midst of an exciting industrial hub, it is the perfect home for businesses in a plethora of different industries.
Thanks to the fact that an abundance of businesses call Paarden Eiland home, thousands of Capetonians make their way into this area on a daily basis, either to work or to take advantage of the goods and services on offer here. Those who have made their commercial and industrial homes here increasingly find themselves in one of Cape Town's most popular business precincts. With its long legacy and endless opportunities, Paarden Eiland is arguably one of the best places in the Western Cape for a business to be. Contact us for more information about Paarden Eiland.
Author: API Properties
