The Randburg Square complex, which includes a 35,000m² shopping centre and a multi-storey car park, is getting an urban revival with the 12-storey office block being repurposed into 180 luxury, loft-style apartments.
The precinct itself is also being upgraded through the joint efforts of the city council and local property owners, and is now on a Gautrain bus route.
“In a few years’ time, there might even be a direct Gautrain link between Randburg and Sandton and noting this, [property owners] Vukile believes there will be strong growth in the demand for modern, compact residential units in this area going forward,” said Andrew Schaefer, MD of national property management company Trafalgar, which has been appointed to let and manage the Randburg Square apartments. “We have been experiencing very strong demand for these units well in advance of project completion in October, with the first phase apartments due to be occupied in August.”
Randburg Square offers a mix of bachelor, one-bedroom and two-bedroom apartments with built-in cupboards, granite kitchen counters, DSTV points, CCTV, 24-hour security, ample parking, a gym and playground onsite.
Rentals range from R4,200 a month for bachelor units to R6,600 for two-bedroom units on the top floor.
Photo: The tower block at Randburg Square is currently being transformed into an apartment complex offering 180 luxury units to rent from R4,200 to R6,600 a month.