Longmeadow Area Guide

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Area Overview

Overview of Longmeadow as an Industrial and Commercial Hub
Why Rent Warehouse Space in Longmeadow Business Estate?
Types of Warehouses in Longmeadow Business Estate
The Guide to Renting Warehouse Space in Longmeadow Business Estate
Longmeadow Business Estate Industrial and Commercial Rental Rates
Tips for Getting the Best Value for Your Investment
Featured Warehouses for Rent in Longmeadow
Conclusion

OVERVIEW OF LONGMEADOW AS AN INDUSTRIAL AND COMMERCIAL HUB

Longmeadow is an industrial and commercial suburb in the northern part of Johannesburg. It is strategically positioned near major transportation routes, including highways and the OR Tambo International Airport. This accessibility makes it an attractive location for businesses looking to establish their operations in Gauteng.

The area boasts a well-planned industrial park that accommodates a diverse range of companies from different sectors, such as manufacturing, logistics, warehousing, and distribution, which contribute to the economic growth and development of the region, playing a significant role in various industries and trade sectors. These industries benefit from Longmeadow’s modern infrastructure, ample space, and supportive business environment.

Longmeadow is part of Gauteng’s economic cluster, attracting local and international businesses. The combination of modern infrastructure, strategic location, and a diverse range of industries has transformed the area into a thriving industrial and commercial hub. The continued growth and development are crucial in South Africa’s economic landscape.

WHY RENT WAREHOUSE SPACE IN LONGMEADOW BUSINESS ESTATE?

As a prominent commercial and industrial hub in Longmeadow’s affluent suburb, this well-established business estate is a critical destination for businesses and industries seeking a strategic and well-connected location. Renting a warehouse in Longmeadow Business Estate offers numerous benefits, making it an attractive choice for local and international businesses. Some of the key features and characteristics of Longmeadow Business Estate include:

Prime Location: Longmeadow Business Estate benefits from its strategic position near major transportation routes, including the N3 freeway, providing easy access to Johannesburg’s central business district and O.R. Tambo International Airport. This accessibility makes it an ideal choice for businesses needing efficient transportation and distribution networks.
Diverse Industries: The business estate caters to various industries, from logistics and warehousing to manufacturing and technology companies. Its diversity of businesses fosters a dynamic and collaborative environment, offering opportunities for networking and synergies between various sectors.
Modern Infrastructure: Longmeadow Business Estate boasts modern and well-maintained infrastructure, including state-of-the-art facilities, ample parking spaces, and well-designed office spaces and industrial units. This ensures a comfortable and productive working environment for employees and businesses alike.
Security and Safety: Safety and security are paramount in Longmeadow Business Estate. The estate is equipped with 24/7 security surveillance, access control systems, and well-trained security personnel, providing a secure environment for businesses to operate.
Amenities and Services: Longmeadow offers a range of amenities and services to support the needs of its tenants. These include conference facilities, on-site restaurants and cafes, banking services, and green spaces for employees to relax and unwind.
Sustainability Initiatives: The business estate emphasises sustainability and environmental responsibility. Many businesses within Longmeadow adopt eco-friendly practices, and the estate itself implements various green initiatives to minimise its environmental impact.
Business Support: Longmeadow Business Estate provides support services and resources to assist businesses in their growth and operations. This includes assistance with permits and licenses, access to business development programs, and networking opportunities with other tenants.

TYPES OF WAREHOUSES IN LONGMEADOW BUSINESS ESTATE

Longmeadow Business Estate is known for its numerous warehouses and industrial facilities. The common types of warehouses that are found in Longmeadow Business Estate include:

Distribution Centers: These warehouses are designed to efficiently store and distribute goods from various suppliers to retailers or end consumers. They often have a large footprint and are equipped with loading docks and logistics facilities. e.g., Pick n Pay Distribution
Fulfilment Centers: These warehouses are similar to distribution centres, focusing on processing and shipping orders for e-commerce companies. They are optimised for order picking, packing, and shipping.
Cold Storage Warehouses: Cold storage warehouses are designed to store perishable goods, such as food and pharmaceuticals, at controlled temperatures to prevent spoilage.
Manufacturing Warehouses: These are warehouses used for storing raw materials, work-in-progress goods, and finished products related to manufacturing operations.
Bulk Storage Warehouses: These warehouses are designed for storing large quantities of non-perishable goods, such as building materials or commodities.
Bonded Warehouse: These warehouses are authorised by customs authorities to store imported goods before paying customs duties or taxes.
Cross-Docking Warehouse: These warehouses facilitate the direct transfer of goods from incoming trucks to outgoing trucks without long-term storage.
High-Tech Warehouse: These warehouses have advanced technologies like automated storage and retrieval systems (AS/RS) and robotics to optimise efficiency and productivity. e.g., ABB
Retail Warehouse: This type of warehouse is operated by retailers to store excess inventory or seasonal goods close to their stores.

THE GUIDE TO RENTING WAREHOUSE SPACE IN LONGMEADOW BUSINESS ESTATE

Renting warehouse space in Longmeadow Business Estate involves several steps and considerations.

The general steps and considerations that one can follow when looking to rent warehouse space in Longmeadow Business Estate include but are not limited to:

Firstly, defining your requirements; this entails determining the size of the warehouse space you need, the amenities you require, and any specific features essential for your business operations.
Secondly, consider factors like proximity to transportation routes, truck access, height to eaves, 3-phase power supply, loading docks, office space, accessibility to major roads and highways, and any other specialised features you may require.
Thirdly, set a budget for the rental cost, considering additional expenses like utilities, maintenance, and any potential fees.\
Fourthly, conduct thorough research on warehouses available in Longmeadow Business Estate. This can be done by checking online platforms and property listing websites or contacting Anvil Property Smith and getting assisted by Wayne Gono, the area node’s commercial and industrial property specialist.
Fifthly, schedule visits to the warehouses that meet your criteria and inspect the properties in person to ensure they meet your business needs.
Lastly, ensure that you have all the necessary permits and approvals from relevant authorities to operate your business in the warehouse, review the lease agreement carefully, and pay attention to the rent amount, lease duration, security deposit, maintenance responsibilities, and any additional costs or fees associated with the lease.

Once you’re satisfied with the terms and conditions, finalise the lease by signing the agreement and paying the required deposits; then, coordinate with the landlord to move in and set up your operations in the warehouse.

LONGMEADOW BUSINESS ESTATE INDUSTRIAL AND COMMERCIAL RENTAL RATES

The rental rates in Longmeadow Business Estate can vary depending on several factors, including the size and type of property, the location within the estate, and the overall demand in the market. Generally, rental rates in Longmeadow Business Estate tend to be higher than some other industrial areas in Johannesburg due to its prime location and quality amenities. The industrial rental rates can be quoted per square meter of usable space per month. The commercial rental rates are also typically quoted per square meter per month. They can vary based on factors such as the quality of the building, amenities provided, and proximity to transport hubs.

The industrial rates range between R65 – R85 per square meter per month, and commercial rates vary between R110 – R150 per square meter per month. Understanding these factors is crucial for tenants and property owners to make informed decisions and get the best value for their investment.

Factors Impacting Rental Rates:

Location: The location of industrial and commercial property within Longmeadow Business Estate is vital in determining the rental rate. Longmeadow Business Estate is near OR Tambo and major transport routes, that is, the N3, N1, N12, R21, and R24, and thus tend to command higher rental and sales rates due to its accessibility and convenience.
Supply and Demand: The overall demand for industrial and commercial space in Longmeadow Business Estate will influence rental rates. The Business Estate commands high rentals due to the increased business demand and a shortage of available properties.
Property Type and Quality: The type and quality of the industrial and commercial properties available in the estate can impact rental rates. Longmeadow Business Estate boats are well-maintained buildings with desirable features and amenities, thus commanding high rent.
Market Conditions: Economic conditions and overall market trends are crucial in rental rates. Rental rates may rise during economic growth, while economic downturns could lead to more competitive rates.
Lease Terms: The length of the lease agreement and the associated terms, such as rent escalation clauses, tenant improvements, and incentives, can impact rental rates.
Local Business Environment: The presence of established businesses, industries, and the overall economic activity in the region can influence rental rates in Longmeadow Business Estate.
Amenities and Facilities: Additional amenities and facilities offered by the property, such as ample parking space, security features, access to public transportation, and nearby retail or food outlets, can contribute to increased rental rates. Longmeadow Business Estate offers ample private and secure parking, easy access to public transport, and nearby retail outlets and malls such as Greenstone Mall.
Local Regulations: Zoning laws, rent control policies, and other local regulations can impact rental rates in the area.
Tenant Profile: The type of businesses and tenants seeking space in Longmeadow Business Estate can also influence rental rates. High-demand industries or companies with high revenue potential may be willing to pay a premium for suitable space.

TIPS FOR GETTING THE BEST VALUE FOR YOUR INVESTMENT

Below are some tips to help you get the best value:

Conduct thorough research: Conduct extensive research on the Longmeadow Business Estate industrial and commercial market as a property owner or tenant. Analyse the current and historical trends, vacancy rates, rental rates, and potential for appreciation. Understanding the market will help you make an informed decision.
Evaluate the location: Location plays a vital role in the success of any commercial property investment. Choose an industrial or commercial property strategically with good visibility, accessibility, proximity to amenities, transportation hubs, and target customers.
Assess the property condition: Inspect the property thoroughly to identify any potential issues or maintenance requirements. Factor in the cost of repairs or renovations into your investment plan.
Understand the leasing terms: If you plan to lease out the property, carefully review the leasing terms and conditions. Consider the length of the lease, rent escalation clauses, and responsibilities for maintenance and repairs.
Consider the potential for future growth: Consider areas with potential for future development and growth. Locations experiencing economic expansion or infrastructure improvements are more likely to provide better returns on investment.
Perform a financial analysis: Conduct comprehensive economic research, including a cash flow projection, net operating income (NOI) calculation, and return on investment (ROI) estimation. This analysis will help you understand the property’s financial viability and potential returns.
Stay updated with local regulations: Be aware of zoning regulations, tax policies, and other legal requirements that may impact your investment. Non-compliance can lead to unexpected costs and complications.
Seek professional advice: Engage with Anvil Property Smith or property management companies with expertise in Longmeadow’s industrial and commercial market. They can assist in finding suitable properties or tenants and offer valuable insights.

FEATURED WAREHOUSES FOR RENT IN LONGMEADOW

I have included a list below of some of the featured warehouses to let in Longmeadow Business Estate:

53 Lake Road, Longmeadow Business Estate: A prime location for businesses seeking modern warehouse and office space.
10 Friesland Crescent, Longmeadow: Ideal for companies looking for an entire building with state-of-the-art facilities.
31b Lake Road, Longmeadow Business Park: A perfect warehouse and office space blend to suit various business needs.
Merck Building, Longmeadow: Ground floor office space in a prestigious building.
35 Westfield Drive, Longmeadow: Spacious first and second-floor office space in a prime location.

CONCLUSION

Renting warehouse space in Longmeadow offers numerous advantages for businesses seeking manufacturing, storage, and distribution solutions. Firstly, Longmeadow Business Estate’s strategic location provides excellent connectivity to the N3, N1, N12, R21, and R24 highways, making it easily accessible for transportation and logistics operations. The suburb’s proximity to O.R. Tambo International Airport further enhances its appeal for businesses involved in import and export activities. Moreover, Longmeadow’s well-established industrial infrastructure and modern facilities ensure efficient manufacturing, storage and distribution of goods. The area is known for its secure business estate and 24/7 security, providing peace of mind to businesses concerned about the safety of their inventory. Overall, renting industrial or commercial space in Longmeadow Business Estate allows companies to optimise their supply chain, streamline operations, and benefit from the suburb’s strategic location and industrial prowess.

SUMMARY

Overview: Longmeadow is a thriving industrial and commercial hub in Johannesburg, known for its strategic location and modern infrastructure.
Why Rent in Longmeadow: Offers prime location, diverse industries, modern infrastructure, security, amenities, sustainability, and business support.
Types of Warehouses: Includes distribution centres, fulfilment centres, cold storage, manufacturing, bulk storage, bonded, cross-docking, high-tech, and retail warehouses.
Renting Guide: A step-by-step guide to renting warehouse space in Longmeadow Business Estate.
Rental Rates: Factors influencing rental rates include location, supply and demand, property type, market conditions, lease terms, local business environment, amenities, local regulations, and tenant profile.
Investment Tips: Tips for getting the best value include conducting research, evaluating location, assessing property condition, understanding leasing terms, considering future growth, performing financial analysis, staying updated with regulations, and seeking professional advice.