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Claremont City Improvement District adds value to the area

Category Commercial Property News

Claremont has long been regarded as one of Cape Town's most prestigious residential and commercial locations. The area is centrally situated in the Southern Suburbs of this world-class city and is closely located to all major attractions and amenities in the expanse including the Civic Centre, Cape Town International Airport and the V & A Waterfront. Partner this convenience with fantastic housing options near to places of work. All of these factors combined are what makes Claremont one of the best nodes in the mother city for work, play and residence.

The suburb is also a city improvement district which is a special rating area whereby the stakeholders and residents of a particular location pay additional rates and in return, receive additional services including beefed up security. City Improvement Districts are seen to raise the profile of the areas which benefit from the additional services, hence making these particular suburbs or commercial nodes worthwhile investments for various forms of commercial enterprises and businesses.

"Membership is open to all the property owners who are encouraged to apply for membership so that they exercise their rights to influence the business of the CID. Membership cannot be denied and the property owner is entitled to attend, participate and vote at the Company meetings held under the auspices of the Companies Act".-http://www.cidc.co.za/

According to an article published in 2017, off news24.com titled - Main Rd the 'go-to' the area has been seeing various building upgrades that have made the commercial and residential suburb of Claremont even more desirable in terms of available office space for rent. A lot of this development has taken place on the main road of the node and this was implemented as an initiative to beautify the entire commercial area as according to the above-mentioned article some of the buildings were in need of restoration and upgrading.

"Main Road in Claremont is expected to get a facelift as property developers in the area have indicated plans to revamp their buildings". -Nomzamo Yuku (2017).

This is why significant real estate companies with a vested interest in the commercial property sector find the area so appealing for both new and existing businesses. One such company is the leading property specialists Officeplace, who currently have 33 listed offices and commercial spaces for rent in the Claremont node which all range in price and size to suit anyone's needs and budget. As the area is maintained, developed and restored interest for commercial office space in the region is set to grow exponentially. This presents numerous opportunities for any type of commercial enterprise looking for the perfect environment for their next office space.

For many years the Claremont suburb has been one of the most talked of areas not just in the Cape Town expanse but in the entire Western Cape Province at large. The CIDC (Claremont Improvement District Company) is playing a pivotal role in further commercial development and the area is set to grow from strength to strength in the next coming months and years. Why not be apart of this growth? With leading commercial property brokers OfficePlace it really couldn't be easier, get in contact with one of their highly regarded brokers or property experts today to get all the relevant information on what properties are available in the Cape Town suburb of Claremont. With improvements being made to existing buildings and infrastructure there really couldn't be a better time for investment.

Author: OfficePlace

Submitted 18 Jan 19 / Views 2236