Paarden Eiland Commercial & Industrial Property Info
Achieving success in the industrial sector is largely dependent on the suburbs businesses choose to operate in. The right suburb is a mix of quality warehouses, diverse property offerings, top-notch security, easy connectivity and well-maintained infrastructure. For these reasons and more, the booming suburb of Paardeneiland has become a sought-after industrial address for powerhouse businesses.
Considered the gateway to the Cape Town Harbour, Paardeneiland is a suburb in Milnerton and is easily accessible via the N1 freeway and a number of main roads such as Koeberg Road, FW de Klerk Boulevard, Carlisle Street and Marine Drive.
A Brief History
The early days of Paardeneiland can be traced back to the 1700s. During this time, it attracted a large number of farmers who grew the suburb through agriculture, fisheries, recycling and milling. They cultivated lime, recycled timber of old ships into lime kilns, were involved in the production of salt and wheat milling, and traded dry fish. If anything, the suburb has always been associated with ingenious business-minded individuals who played a big role in growing the local economy and furthering their communities.
The industrial sector in Paardeneiland slowly started coming together around 1935 owing to infrastructural improvements mainly around key roads that linked to the harbour. One of the earliest industry to take hold in the suburb during this time was car manufacturing. In fact, it was the location of the first motor assembly plant - Atkinson's Motors. And this gave way to a number of other car manufacturers including Dodge, Plymouth and Chrysler.
Properties on Offer
Today, the suburb has transformed even further into a formidable location for big, small and growing industrial businesses in manufacturing, storage, logistics and distribution, and freight and cargo. To cater to their needs, the suburb offers large warehouses with ample yard space for trucks, ample power supply, high roller shutter doors, A-Grade office components, and secure parking bays. The bigger businesses in the suburb opt to rent or buy industrial property in sophisticated business parks that boast the best security such as Table Bay Industrial Park and Northgate Business Park.
Paardeneiland has a long list of well-established tenants that have been operating here for many years. Some noteworthy mentions are The Misting Company, Instruments South Africa, Grandi Manufacturing, Peninsula Power Products, and SPK Engineering Supplies.
A Location with an Edge
A major part of Paardeneiland's success is owed to its ideal positioning near Cape Town's CBD and a number of other key points of interest that have allowed industrial businesses to grow and thrive. These include:
- The CBD - 5,8km away
- The Cape Town Harbour - 6,8km away
- The Cape Town International Airport - 15,4km away
The airport and harbour are just a stone's throw away from the suburb and this is great for businesses involved in the process of moving goods from one location to another. For this reason, logistics and distribution, and cargo and freight businesses are increasingly drawn to Paardeneiland. While, manufacturing companies can easily get their products out to various locations around the province, country and globally.
For developers and investors, Paardeneiland is a lucrative industrial node due to the ongoing tenant and buyer demand. This has resulted in the suburb expecting a substantial development pipeline as construction for new warehouses gets the go-ahead.
Paardeneiland is a well-established industrial suburb that offers many opportunities for businesses to reach their full potential. To find out more about the properties here, speak to our helpful agents at Annenberg Property Group today.
Image: Paarden Eiland, Landagent via Wikipedia