In September 2024, The South African Reserve Bank (SARB) cut its repurchase rate by 25 basis points to 8%, marking the first highly anticipated cut since the Covid-19 global economic fallout over four years ago. A positive sign for both the economy and the country, as well as a precinct like Melrose Arch, which is still revered as the best mixed-use precinct in which to live, work, play, stay, shop and invest.
There is currently an energy management project underway, which will serve to evaluate how Melrose Arch can balance, reduce and manage the load across the precinct. This includes investigating alternate power sources and demand efficiencies, as well as increasing the current solar output. Linking the impressive solar installation to generators at Melrose Arch is imminent, and will help reduce the heavy reliance on the generators during power outages. This will result in an approximate saving of 35% in diesel costs once complete; and provide a cleaner and more renewable alternative.
In addition to reducing its’ carbon footprint, Melrose Arch is heralded as the city’s premier mixed-use precinct, where business thrives amid unmatched efficiency. With Wi-Fi available on the street level across the precinct, visitors will be able to stay connected, whether it is for business or pleasure, or both.
Melrose Arch seamlessly integrates business, leisure and living; and offers unparalleled infrastructure, uninterrupted power, a dependable water supply and eco-friendly systems.
Presenting an ideal business environment for businesses seeking modern, adaptable and affordable office spaces, Melrose Arch features a range of commercial properties tailored to various business needs. This month the spotlight is on 34 Whiteley, 11 Crescent Drive and 10 Melrose Boulevard.
With 1105 sqm of available office space, experience the pinnacle of luxury and sophistication at Melrose Arch’s prestigious penthouse office suite on the fourth floor of 34 Whiteley. Boasting breathtaking views of Northern Johannesburg and overlooking the vibrant Piazza, this suite is available immediately furnished or unfurnished and offers high-speed connectivity, an outdoor area and all the amenities you’d expect from a triple-A-grade office building.
Presenting a distinctive blend of convenience and sophistication, if you’re looking for something smaller, look no further than 564sqm of A Grade Office Space, available immediately at 11 Crescent Drive. Synonymous with seamless operation and high-end functionality, this commercial gem offers a rare quality of work and lifestyle integration.
Situated on the second floor of 10 Melrose Boulevard, this competitively priced 243 sqm office space has unspoilt views over Melrose Boulevard and the beautiful courtyard below. Featuring modern urban design and easy access to the extensive retail, restaurant and lifestyle offerings in the precinct below, this office space is available immediately and could easily be yours.
Melrose Arch is a coveted address for a plethora of businesses looking to make their mark, and as an experienced property professional, with over three decades of expertise in the industry, Renee Feeney is the Head of Sales and Leasing at Melrose Arch. Demonstrating her keen understanding of market dynamics and adaptability, Renee’s passion for service delivery and excellence in every aspect of real estate management is an asset to Melrose Arch.
If these competitive commercial spaces appeal to your needs, or you’d like to discuss additional vacancies suited to your preferences, please contact Renee on 079 885 4405 or reneef@melrosearch.co.za, or alternatively contact the Melrose Arch commercial leasing team on 011 684 0002.
In addition to an impressive directory of commercial tenants, Melrose Arch has 4 renowned hotels across the precinct. Earlier this year, The International Hospitality Investment Forum highlighted the evolving demands of modern travellers, confirming that aparthotels continue to become increasingly popular for business travellers, who are converting their trips into family stays, by adding a few days to their itinerary.
In line with these global trends, the Johannesburg Marriott Hotel Melrose Arch offers premium, fully serviced executive apartments for long-term stays. Striving to provide all the comforts of home, with the added benefits of hotel amenities, ensures a truly exceptional extended stay experience. The hotel amenities, including a corporate shuttle service, swimming pool and 24-hour security, seamlessly blend luxury and practicality, and cater to the diverse needs of long-term guests.
In addition to providing the comforts of home, culinary offerings that reflect the local culture or offer unique, high-quality ingredients can also leave a lasting impression on guests. African Pride Melrose Arch, Autograph Collection’s Sebule Grill and Cellar, as well as Aduna Bistro, have embraced this trend; by infusing baobab into their culinary experiences.
This experience offers guests a taste of Africa that is both exotic and familiar; and the hotel’s recent partnership with Camelot Spa has also led to the creation of the exclusive ‘African Baobab Journey.’ This exclusive spa treatment incorporates baobab oil, further enhancing the sensory experience; and not only celebrates African ingredients but also aligns with the growing trend of wellness tourism, where guests seek out treatments that are as nourishing for the soul as they are for the body, please contact Melrosearch@camelotspa.co.za
The announcement made by SARB last month has also had an immediate and tangible impact on the residential property market. With that being said, Melrose Arch Property Sales have seen a steady improvement since the beginning of the year, having closed R25 million in sales since March 2024.
Melrose Arch Property Sales, is a boutique real estate agency based in the precinct, providing an exclusive sales and leasing service to Melrose Arch investors and homeowners. The team is headed up by Tersia Taljaard, a seasoned property professional with a wealth of experience in all facets of real estate. A long-standing and dedicated sales consultant at Melrose Arch, she is both knowledgeable about the product, and passionate about the precinct and all that it has to offer. She is also an excellent negotiator with a proven track record.
Solely focused on Melrose Arch, Melrose Arch Property Sales is dedicated to finding new and existing homeowners the perfect home to purchase or rent within the precinct, or the perfect tenants for property investors, remaining committed to looking after the tenants and property long after the deal has been signed.
If you’re a property investor, to find you the perfect tenant to lease your property to, and to look after them and your property, long after the deal has been signed. If you’d like to discuss finding the perfect home to purchase or rent, or you’re looking to invest in residential property in Melrose Arch, don’t hesitate to get in touch with Tersia on 063 695 7571 or tersiat@melrosearch.co.za
Whether you’re looking to live, work or invest in Melrose Arch, this premier precinct remains unrivalled in its offerings for both business and leisure.