Kassier Office Park

Kassier Office Park is strategically positioned on the corner of Kassier and Old Main Road and is a stone’s throw from shops and other leisure activities. This site is approximately 1.5km from Hillcrest CBD, 2km from the M13, only 3 km from the N3 and 32km from Durban CBD. Planned road improvements will add to the desirability of this location with Inanda Road due to be redirected through Westriding and linked to Kassier Road. This intersection will become one of the busiest intersections in the area ensuring excellent road visibility.

The commercial sector in Hillcrest is exploding with a number of developments being erected and taken up by both investors and end users. Prices have risen from R7,600/m2 two years ago to current pricing of around R14,000/m2. As the area continues to grow at a phenomenal rate with approximately 1,500 new homes expected to be completed in the next 2 years, there is an ever increasing demand for office accommodation. The site is in the process of being zoned intermediate providing a 35% coverage and 35% FAR with a 2 storey height restriction. The strategy is to develop the property allowing for an extension of the scheme through a further rezoning process once the new intersection has been completed. The site falls within the new outer west corridor scheme.

Kassier Office Park will feature indigenous landscaping, excellent security and high specification design and finishes throughout and provide both under cover parking facilities and ample open parking bays due to low building coverage. Plans are currently being developed for the site and the extent of the development is 3,850m2 under roof with an anticipated market value of R53 million on completion. The development is due to commence in the second quarter of 2009. If you want to BUY or RENT, please contact us early so as to avoid disappointment.