SOUTHERN SUBURBS LEADING THE WAY IN THE COMMERICAL & INDUSTRIAL MARKET

The Southern Suburbs have become leading contenders in the commercial and industrial property market over the past few years, with new business and industrial parks popping up all over due to businesses sourcing new premises for expansion or rationalising on space required.  “Since the latest drop of 0.5% in the prime lending rate, we have seen an increase in investors and owner occupiers buying commercial and industrial properties as opposed to renting,” says Len Pears, Director of Quagga Property Brokers. “All of which definitely helps to create positive attitudes within the market.”

The opening of developments like Westside Industrial Park has seen many businesses move their operations from traditional commercial and industrial areas to the Southern Suburbs. “We have recently placed Winfar Surgical at Prime Park in Diep River; acquired land and developed a new state of the art laboratory for Edelweiss Pharmaceuticals at Capricorn Business Park; and assisted Douglas-Jones in the purchase of additional industrial space in Diep River, almost doubling their operation,” comments Len.

For more info please visit www.quaggapropertybrokers.com or contact Len Pears on 08 28 28 28 58.