Nedbank Funds 345,000m² Of Prime Industrial Land In Gauteng
has provided funding for 345 000m² of prime industrial land in the Pomona business node, which falls next to the R21 highway in Johannesburg. The finance was extended to the JT Ross Group. The property, well known as the Plumbago Business Estate, is situated between the Pomona Road and the Bredell/Benoni Road interchanges, on the four lane R21 highway that has recently been refurbished.
It is situated a mere five minutes’ drive to OR Tambo international Airport, which only further boosts its great commercial appeal. The property is situated within a natural growth corridor that heads northwards to Pretoria. The JT Ross Group also intends to create a business park that is both highly functional and aesthetically pleasing, offering excellent access and incredible visibility from the R21 highway.
What Is The Great Appeal Behind This Property?
One of the great appeals behind this property is the fact that the development will be in an estate that offers controlled security. It also offers design conformity and visible profiling for a broad range of tenants, both large and small. Additionally, the consolidation of large distribution and storage facilities remains highly sought after, and this estate offers provides incredible access to great transport links. It is one of the main drivers behind this industrial space.
JT Ross Group is a Durban based privately held property investment, construction, management and development group of companies. Their business divisions extend to Johannesburg, Cape Town and Durban, and they bring extensive in-house experience and expertise in mitigating delivery risk in managing high quality property portfolios.
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