Melrose Arch at a glance
Office space to rent in Melrose Arch has always been the benchmark for commercial property in Johannesburg, if not South Africa. Office rentals have generally lingered in the P-Grade range and are currently around R240 per msq, space dependant. Even in a soft office rental market which we have been experiencing for some years now, Melrose Arch remains one of the lowest office vacancy areas in Johannesburg.
Originally, Melrose Arch offices were developed as a brainchild to create the first fully mixed use and mixed service precinct in South Africa. Perhaps the only competition in years gone by has been the V&A Waterfront office space in Cape Town. However, in more recent years, Melrose Arch office rentals have seen greater competition from its nearby neigbours of Sandton and Rosebank. The Gautrain has had a major impact on Melrose Arch office space rentals, as the stations are situated in Rosebank and Sandton, rather than within the Melrose Arch precinct. Although there are Gautrain busses that can scoot you in and out, comparitive office spaces have the Gautrain within short walking distance.
Apart from Melrose Arch commercial property, it has also developed a few new Hotels, to match the world class retail component within its borders. This allows a turnkey lifestyle living, when added with high end residential apartments available. Melrose Arch also gives a highly cosmopolitan flavour to Johannesburg, and it sometimes seems that we are in a different country when walking through the multi-use precinct. This world class environment is reflected in the office space rentals.
Whichever direction Melrose Arch office space goes in over the next few years, one can be sure that it will always remain an iconic address for any company looking to make it's stake in the South African marketplace.
Call us on 0861 6222 62 to view office space to rent in Melrose Arch.
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571sqm office space to rent in the trendy & lively atmosphere of the multi-use Melrose Arch precinct. These stylish office blocks afford...
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