The Rosebank Management District has a cosmopolitan setting and vibrant atmosphere, and is bounded by Jan Smuts Avenue, Jellicoe Avenue, Bolton Road and Oxford Road. The suburb where you want to work, play and sleep in, Rosebank is becoming one of the most sought-after areas in Johannesburg. The area has recently become one of the top business nodes in the country, rivalling Sandton for cranes and new developments, but thankfully not rivalling it for traffic.
Areas of Concern
- Off-street and On-Street Parking
- Public Parking
- Taxi Parking
- Traffic Management
- Construction Activity
- By-law Enforcement
- Construction Activity
- Tourist Bus Stop group
- Vagrancy and Traders
- Drug-dealing activities
Roads and Public Transportation
The suburb, which is built around the Gautrain station and offers easy access to surrounding suburbs and the city center, offers plenty of high-end shopping opportunities, and the arts and crafts market is also a perfect place to while away your free time. For fitness fans, there are a number of health clubs, including all of the well-known brands, in the area. After hitting the gym, refuel at one of the many dining options, from fast food outlets to authentic Mexican meals, fine dining and everything in between.
The Gautrain station was one of the best developments to happen to the Rosebank Management District. It has allowed for a residential component to Rosebank and has created a transport hub. As part of a FIFA World Cup Legacy Project, it integrated the suburb into Johannesburg’s rapid commuter network, linking it to OR Tambo International Airport and Sandton. The Gautrain station has assisted in easing traffic congestion and making Rosebank even better connected (COLQUHOUN, 2019).
“The June 2011 opening of the Gautrain station in Rosebank’s Oxford [Road] has caused a flurry of activity in the property market, with new builds and revamps of older office buildings,” Jane Parker, Broll area specialist and commercial broker. (COLQUHOUN, 2019)
The flora in the Rosebank Management District area makes it fresh and attractive. The tree-lined streets and pavement cafes add to the aesthetic appeal of Rosebank. Between early October and November, there’s the added charm of the Jacaranda trees that transform areas such as Tyrwhitt Avenue – on either side of Oxford Road – with their purple blossoms. Rosebank invites people to walk around because it’s compact and pedestrian-friendly.
Development Trends
Since 2013, more than R7 billion has reportedly been invested into revamping the area.
“Rosebank has developed at a tremendous pace in recent years and is today undoubtedly one of Johannesburg’s fastest-growing and most fashionable places to be,” says Rupert Finnemore, Gauteng regional head at Pam Golding Properties. In a media statement he describes it as a “vibrant mixed-use commercial, retail, entertainment and residential hub”, that has evolved into “a favoured destination” of Johannesburg residents.
The monthly rental cost for A-grade office space in Rosebank starts at R175/m², according to Broll, with certain P-grade buildings achieving up to R250/ m². The company also notes a demand for P-Grade offices with parking ratios of five bays per 100 m² of office space.
Leading corporates including Coca-Cola, Standard Bank, Sappi and BP have relocated their headquarters to the area, and a number of luxury residential developments have been built to accommodate growing demand for high-end, lock-up-and-go apartments and townhouses.