Basil Read Developments makes R15 million sale at Kliprivier Business Park

Johannesburg. 20 February 2013. Basil Read Developments has concluded another major sale at its Klipriver Business Park for R15m to Chinese Investor, New Hope South Africa (Pty) Limited.

The R390 million Klipriver Business Park is located on the farm Waterval and comprises a gross land size of 143ha and development land size of 118.9ha with 96 saleable erven which will be developed in four phases.

The new highly visible business node with state-of-the-art facilities will provide a superior high-tech working environment. Phase 1 of the development consisting of 52ha is proclaimed, fully serviced and includes Fibre optic communication systems as well as security.

The Klipriver Business Park covers the entire R59/R550 interchange and is accessible to all major road networks (N1 and N3) and rail network. It is considered to be the new major growth node of Gauteng.

There will be no compromise on the business park’s high quality security standards, which will encompass on-site security, an adjacent police station as well as full access control and perimeter security.

Oakwood Properties, consulting property managers to Basil Read, will be responsible for the management of Klipriver Business Park.

Competitively priced housing opportunities for employees will soon be available nearby at a large scale planned development called Savanna City of which Basil Read Developments and Old Mutual are 50/50 partners for the development.

Bordering on the business node are reputable corporate neighbours including Heineken, BSI Steel, Crystal Pack, Kwikspace, Nampac and Everite.

The Klipriver Business Park node will create a vibrant working node with excellent access to all the major southern suburb areas of Johannesburg including Meyerton, Vanderbylpark and Eye of Africa.

New Hope South Africa is a manufacturer of agricultural food. Their investment in Klipriver Business Park makes it their first branch in South Africa.

Basil Read Developments Managing Director, Des Hughes said, “We are pleased to be associated with New Hope South Africa and we are confident of the superior benefits New Hope South Africa will enjoy at the Klipriver Business Park.”

Paramount Trailers find a new home at Klipriver

Basil Read Developments is pleased to welcome Paramount Trailers to its new home at Klipriver Business Park, South of Johannesburg. Paramount has bought the first four stands at the warehousing, logistics and distribution industrial estate.

Klipriver is a prime example of how Basil Read Developments has unlocked Johannesburg’s Southern Industrial node that connects Johannesburg, Ekurheleni and the Vaal area. It is not hard to see why this park has been identified as a major growth node in Gauteng. Not only is the business park strategically positioned on the R59 and R550 interchange, but there is a railway line and station adjacent to the development, running parallel to the R59—from Germiston through Meyerton to Vereeniging.  Furthermore, Klipriver has easy access to the all-important N1 & N3 highways.

One of the first clients to spot the potential of the Klipriver Business Park was Paramount Trailers, a leading manufacturer and refurbisher of commercial trailers both here and abroad. In fact, its key markets include South Africa and the entire SADC region.  The acquisition of four prime stands at the business park and the construction of a state-of-the-art manufacturing facility which is expected to cost in excess of R100mil is in line with the company’s strategy to grow the business further and take advantage of opportunities in the Sub Saharan transport market.

Established in 1997, Paramount Trailers has built a long-standing track-record in the industry for its quality products and great customer service.  It currently operates six production facilities, based around Johannesburg, with over 100 highly trained staff, committed to supplying only the best and most reliable trailers.  The company designs and manufacturers a diverse range of trailers, customised to the customers’ and logistical requirements. “We are confident and excited that this new business venture will take the company into a new and professional era”, shares Warren Marques, Managing Director of Paramount Trailers. 

Once again, Basil Read Developments would like wish Fernando and Warren Marques of Paramount Trailers a long and happy association with the Klipriver Business Park and we are confident that this new beginning will take their brand from strength to strength.

Paramount Trailers have purchased stands 65, 66, 80 & 81 at Klipriver Business Park, covering a total land size of 53,526m³

Quick Klipriver Business Park Facts

• The Klipriver project started in 2008 to be developed and sold by Basil Read Developments.
• The park is in within easy reach of good quality residential developments including the Eye of Africa Lifestyle development.
• The park supports public transport and pedestrian movement in the area.

Basil Read Development have commenced with the installation of roads and services on the first phase of their new development to be known as Klipriver Business Park. The Park will unlock the growth of the R59 corridor a pivotal spine between Johannesburg, Ekhurhuleni, Meyerton and the Vaal Triangle also with easy access to the N3 highway.

It is strategically positioned on the R59 and R550 interchange with a railway line adjacent to the development, running parallel to the R59 from Germiston through Meyerton to Vereeniging.

The node already accommodates companies such as Nampak, Everite and the new multibillion rand Heineken Brewery development. Basil Read’s soon to be commenced,  Savanna City development, which will provide 20 000 affordable units in a sustainable town is situated only 10 km away and will be a complimentary development.

Klipriver Business Park is zoned for light industrial and commercial purposes with development controls promoting Basil Read’s green project principles.

It will be fully fenced with security and access control.

The first phase of 56 hectares located in the south western quadrant of the interchange on track to be serviced and proclaimed by August 2009. Sites for sale or development range from 4,000 m² to 10 hectares.

Prime Position

        LOCATION

     Klipriver Business Park is being developed and sold by Basil Read. It is  located on the R59 freeway south of Johannesburg in an established node now set for further growth.  The Park will unlock growth on the R59 corridor, a pivotal spine between Johannesburg, Ekhurhuleni, Meyerton and the Vaal Triangle.  It is strategically positioned on the R59 and R550 interchange with a railway line adjacent to the development, running parallel to the R59 from Germiston through Meyerton to Vereeniging. The park has easy access to the N3 highway to Kwazulu Natal. Complimentary residential developments are within easy reach and include Blue Saddle Ranches, the Eye of Africa Lifestyle development and Basil Read’s soon to be commenced Savanna City Development which will provide 20,000 affordable housing units in a sustainable town. The Park is set to be in the next major growth node of Gauteng.

            PHASING AND SIZE

Nampak, Everite, BSI Steel, Crystal Pack , Kwikspace and Heineken Sedibeng Brewery are major companies already established in this node.

Klipriver Business Park will be 143 hectares in extent with the first phase located in the south west quadrant being 51 hectares in extent. This phase will accommodate purchasers requiring sites from 3,000 m2  with a wide variety of combinations up to 7 hectares.

PARK CONCEPT

      The construction of roads and installation of services for phase one are completed and the site has been proclamated. The park is developed to high standards and will enjoy access control  and perimeter security fencing and park management and maintenance of the common areas.

     The township will be incorporated into the Randvaal Town Planning Scheme, 1994. The conditions of establishment indicate the applicable Zoning , FAR, Building lines, Servitudes and Coverage. The Town Planning Scheme include the following definitions