BlackBrick announces R200-million office park conversion into apartments and hotel
Published: Thursday, February 24, 2022
Mixed use living is in high demand, both locally and globally, as this style of urban living is attracting interest from first time buyers to working professionals, with a particular interest from Millennials who are keen on the concept of urban village style living.
BlackBrick is quickly proving itself to be a market leader by answering a property need in the industry and transforming how people live, work and stay. With its mix of hotel and apartment offerings, its novel approach to property development is a clever response to the surplus of office space in the market and the scarcity of residential options. This is especially true for the new and upcoming generation of first-time buyers as well as investors who are looking for a higher than average market return.
BlackBrick is knitting the city together, creating a city club network. This offers members the opportunity to work between the different clubs within the city. Imagine being able to spend a Monday in Sandton, a Tuesday in Rosebank, a Wednesday in Bedfordview and so on - it’s all about connecting people one neighbourhood at a time.
Welcome Bedfordview
BlackBrick has joined forces with some of the best names in the business to convert an empty office park into a newly energised vibrant community. Developed in partnership with Setso Property Fund and Growthpoint Properties, it will launch on 5 March 2022.
They will service long and short-stay residential and travelling communities at BlackBrick Bedford and will be packed with its popular facilities, services and amenities such as co-working spaces, padel tennis, pool clubhouse, outdoor cinema, running trail, all day cafe and deli and more to follow.
Prime location
BlackBrick Bedford, an urban resort set inside a 35,000m2 forest, is positioned perfectly between Sandton and the airport. This is the first time any offices have been converted into residences in the area. The development is set to become prime real estate with it being in such great proximity to OR Tambo International Airport, minutes away from the amazing range of retail and restaurants at Eastgate, Bedford Centre, Park Meadows Shopping Centre, Village View Shopping Centre and The Neighbourhood Square. The development offers a mix of residential and hotel investment options including studios, one bedrooms and two bedrooms with studios starting from R695,000 and investment returns projected at 8%.
The area is home to several of SA’s leading schools, from pre-primary to high schools, including SAHETI School, St Andrews School for Girls, King David Linksfield, Crawford International Bedfordview and Holy Rosary School. It is also near leading hospitals, medical and health care facilities and surrounded by various sports and fitness centres.
With its innovative design and park-like setting, the reimagined BlackBrick Bedford will offer affordable accommodation in a high-end, vibrant neighbourhood, rich with amenities, creating a dynamic lifestyle that reinforces BlackBrick as the home of the free.
A growing national network
This is part of a broader vision as BlackBrick is building a national network of urban resorts, for free-minded global citizens, to accelerate their lifestyles as they live and work and play between cities. Expanding across a growing network of properties locally and globally, including Cape Town, Umhlanga, Rosebank and now, Bedfordview
