Area Guides / The Parks

The Parks Commercial Property Guide

The Parks is a set of established Johannesburg suburbs where commercial demand is shaped by leafy residential streets, Jan Smuts Avenue exposure and direct access into Rosebank, Parktown and the Johannesburg inner north. It is a lower-density alternative to the larger corporate nodes, with office users typically choosing it for character, client accessibility and a less institutional working environment.

The area suits professional services firms, boutique agencies, consultancies, medical-adjacent businesses and companies that want to stay connected to Rosebank and Sandton without taking space in a conventional high-rise office district. The trade-off is clear: The Parks gives tenants distinctive premises and strong neighbourhood amenity, while requiring more careful building-by-building assessment on parking, access, signage and fit-out condition.

Median asking rent

Gross asking rent per m². The line is the 12-month blended median over 7 years (3,957 listings); the figure above is today's live asking.

Asking todayR135/m²From 529 live rental listings
7-year change-8.9%R150 → R136
R90R120R150R180R210R240R13620192021202320252026
Hover the line to break a month down by stock type. Anvil Property Smith listing data.

The Parks on the map

The defined node boundary and the 681 buildings Anvil Property tracks within it.

681buildings tracked in this node
Boundary: Anvil Property Smith. Map tiles: © OpenStreetMap contributors, © CARTO.

Understanding the area

Commercial activity in The Parks is granular, with businesses operating from established residential streets, converted properties and neighbourhood retail strips. The most common pattern is adapted house-format space, compact standalone offices and street-facing premises that let smaller companies control access, signage, client arrival and internal layout. This gives the node a different operating rhythm from a formal office park: leases are often driven by fit-out character, parking practicality and whether the building supports a client-facing team without over-scaling.

The tenant base is broad, but it is weighted toward companies that benefit from identity and convenience at street level. Typical demand comes from:

  • owner-managed advisory and investment firms
  • design, architecture and production studios
  • training, coaching and education providers
  • restaurants, cafés and destination retail
  • wellness, therapy and treatment-room users

This mix is one reason The Parks has remained resilient through different leasing cycles. A building can appeal to a small head-office team in one cycle and a client-facing studio or service business in the next, provided the parking, zoning and internal configuration line up.

Development has been incremental. Older residential properties have been converted, refurbished or extended for commercial use; small retail strips have strengthened on streets such as 4th Avenue in Parkhurst and 7th Avenue in Parktown North; and office demand has followed the corridors where visibility and vehicle access are easier to manage. The result is a node with many small decision points: frontage, neighbours, parking ratio, street activity and building character can matter as much as the rental per square metre.

Why businesses choose this area

The main reason to choose The Parks is control. A tenant can secure a more legible, client-facing workspace while staying connected to Rosebank, Parktown and the inner north. Jan Smuts Avenue gives the area its main movement corridor, while Oxford Road connects back into Rosebank, Illovo and Sandton. Compared with Sandton, the decision is usually less about scale and more about arrival experience, street exposure and taking space that feels specific to the business.

The Parks is strongest where the property brief has a defined operating pattern:

  • Client visits across Rosebank, Parktown and the inner north
  • Visibility from Jan Smuts Avenue or neighbourhood high streets
  • Compact teams needing self-contained premises
  • Appointment-based medical, advisory or creative work
  • Staff commuting from northern and central suburbs

Those requirements fit the area better than very dense headcount models or large floorplate users. Parking, access control, signage and internal layout need to be tested building by building, because the area rewards precision in the brief.

The comparison with Rosebank is useful. Rosebank gives more conventional office depth, stronger public transport pull and larger corporate buildings. The Parks gives easier identity at the building level and quicker movement across the residential-commercial edge. A company can meet clients in Rosebank, reach Parktown through Jan Smuts and move north toward Dunkeld and Hyde Park without committing to a full node address.

On the Rosebank edge, Oxford Parks adds a more managed precinct option to the broader Parks proposition. Its privately managed environment includes managed public spaces, an onsite control room, CCTV coverage, security ambassadors and secure basement parking with lift-controlled access into buildings. That matters for companies wanting the character and accessibility of The Parks with managed precinct operations closer to the Rosebank core.

Infrastructure and building specifications

Across our listings in The Parks, the conventional office stock is A grade, but quality still varies materially by building age, refurbishment cycle and fit-out condition. The practical leasing range is mid-sized: median unit size is 420 m², with a typical range of 224 to 918 m² (25th to 75th percentile). Larger requirements can be accommodated, with stock in the properties we cover extending to 4,000 m²-plus, but those options need a more targeted search because they are not the standard unit profile.

Fit-out assessment should be done building by building. Within the A-grade pool, some spaces will offer recent reception areas, upgraded bathrooms, modern lighting and usable existing layouts; others may be structurally sound but still carry older cellular fit-outs or dated common areas. For a corporate tenant, the issue is less the grade label and more the capital still required before occupation. A space with usable boardrooms, meeting rooms, cabling routes and pause areas can reduce lead time; a clean shell or tired fit-out gives more control but shifts cost and programme risk back to the tenant.

The main items to test during shortlisting are practical and comparable:

  • Floor plate efficiency and subdivision options
  • Existing fit-out condition and reinstatement exposure
  • Parking allocation and visitor bay arrangements
  • Backup power and building services capacity
  • Green rating status and operating-cost implications

Parking provision should be confirmed against the actual headcount model, not only the quoted bay ratio. Many businesses in The Parks will need a mix of staff bays, visitor access and allocated executive parking, and the pressure point is usually the match between parking allocation and office density. If a tenant is planning a high-density layout, the parking and services assumptions need to be tested before lease approval.

Green credentials are present but not universal. In the properties we cover, 94 of 679 buildings hold a green rating, equal to 14% of recorded buildings. That makes green-rated stock a defined subset, not a default assumption. Tenants with ESG reporting obligations should separate rated buildings from simply efficient buildings, then check the rating level, utility metering, HVAC performance and landlord reporting capability during due diligence.

Stock at a glanceAcross 681 buildings and 3,520 conventional office units in The Parks.
Building grade
A-grade (39% of stock)
Median floor plate
419 m²
Typical floor plate range
224–908 m² (middle half of stock)
Largest available
4,000+ m² (top of stock)
Serviced offices
33 desks across 7 buildings
Green-rated stock
94 of 681 buildings (14%)
Source: Anvil Property Smith listing and building data. Floor plate figures exclude serviced-office stock.

Property rental rates

Across our listings in The Parks, office rentals run from R70 to R198 per m² (10th to 90th percentile), median R118 per m² net asking. At the median, that equates to about R130 per m² gross including rates and levies. Treat the quoted band as net asking; the payable gross rental depends on the building’s recoveries, parking, VAT treatment and any tenant-specific costs in the offer.

Space absorbs fastest where the net-to-gross jump is clear and the tenant can limit upfront capital spend. In practice, that usually means fitted offices with a sensible layout, services already in place, and a landlord prepared to document the full monthly cost before heads of terms are signed. The lower end of the band will draw attention, but the decision often turns on how much work the tenant must fund before occupation.

The main pricing movement comes from a few practical variables:

  • Fit-out condition and how reusable it is
  • Parking allocation and bay pricing
  • Lease term and escalation structure
  • Landlord contribution to tenant installation
  • Recoveries included in the gross rental

For a corporate tenant, the useful comparison is the fully loaded monthly cost, not the net rental in isolation. Ask for a full rental breakdown showing net rental, rates, levies, operating recoveries, parking and VAT so that a R118 per m² net proposal can be tested against the actual gross commitment.

Monthly budgetApproximate sizeLikely property type
Up to R15,00015 – 365 m² (median 108)Small fitted suites (60 listed)
R15,000 – R50,00058 – 825 m² (median 254)Small office suites (224 listed)
R50,000 – R150,000269 – 2000 m² (median 640)Mid-sized offices (146 listed)
R150,000+128 – 25000 m² (median 2159)Whole floors / corporate HQ (102 listed)

Key buildings

  1. 382 Jan Smuts Avenue, Craighall

    Three-storey B-grade office park on Jan Smuts Avenue in Craighall, with upgraded common areas and backup power. Suits professional services and established businesses needing flexible offices between Rosebank, Sandton and Randburg.

  2. 32 Princess of Wales Terrace, Parktown Johannesburg

    Landscaped office park on Princess of Wales Terrace in Parktown, with garden surrounds, water features and secure boomed access. Suited to medium and larger corporate tenants needing a calm, established setting near Killarney Mall and Carse O'Gowrie Road.

  3. Metal Box

    21 listings
    25 Owl St, Braamfontein Werf, Johannesburg, 2092, South Africa

    High-rise office building on Owl Street in Braamfontein Werf, just north of the Johannesburg CBD. A prominent Auckland Park address with upgraded lifts, suited to small and larger businesses wanting visible, central offices near 44 Stanley.

  4. The Media Mill

    20 listings
    7 Quince Street, Braamfontein Werf, Johannesburg

    Creative office building on Quince Street in Braamfontein Werf, near 44 Stanley and the SABC. Suits media, design and other small to mid-sized businesses needing M1 access, backup power and an on-site coffee shop.

  5. 16 Empire Rd, Parktown, Johannesburg, 2193, South Africa

    Newer office park on Empire Road in Parktown, just north of the Johannesburg CBD. Suits corporate and professional services tenants needing campus-style offices, conference facilities and strong Rea Vaya and Gautrain bus access.

  6. Kopano on Empire

    13 listings
    30 Empire Rd, Parktown, Johannesburg, 2193, South Africa

    Ready-to-move-in office building on Empire Road in Parktown, arranged around a central atrium with controlled reception access and secure onsite parking. Suited to small and mid-sized professional or administrative tenants needing furnished or conventional space.

  7. 1 Park Rd, Richmond, Johannesburg, 2092, South Africa

    Six-storey office block in Richmond near SABC and Melville, known for media and broadcast tenants. Suits creative, production and professional businesses needing fibre, backup power, parking and round-the-clock security.

  8. Isle of Houghton

    10 listings
    Carse O'Gowrie Road And Boundary Road, Parktown, Johannesburg

    Established low-rise office park in Parktown, set in landscaped grounds near the M1 between Rosebank and Sandton. Suits consulting firms, legal practices and other professional tenants seeking a secure, campus-style environment.

Available properties

TO LET Premium GRADE
Backup Generator Green Building Business Park Natural Ventilation Wheelchair Friendly Security Internet

Third Floor Office to Let in Illovo, Sandton at 35 Ferguson with Furniture Included This neat office space to rent in Illovo, Sandton is...

R13 000 ex VAT /mo
Rate: R867 /m²
Size: 15 m²
Parkings: 2
TO LET A GRADE

BLOCK A GROUND FLOOR UNIT

65 Central Street

Backup Generator Business Park Natural Ventilation Security Internet

Discover this neat office space TO LET, located on the ground floor of a secure premise in Central street, Houghton Estate. Key Features...

R18 120 ex VAT /mo
Rate: R120 /m²
Size: 151 m²
TO LET B GRADE

GROUND FLOOR - SOUTH WING

79 Oxford Road

This unit is located on the ground floor and offers a plug-and-play solution for your office needs.

R25 320 ex VAT /mo
Rate: R120 /m²
Size: 211 m²
Parkings: 8
TO LET A GRADE
Backup Generator Water Backup Green Building Business Park Natural Ventilation Wheelchair Friendly Security Internet

This ground-floor office in Sandhurst, Sandton is available for immediate occupation and offers a bright, functional layout with premium ...

R40 770 ex VAT /mo
Rate: R135 /m²
Size: 302 m²
Parkings: 12
TO LET A+ GRADE

BUILDING A - SOUTH - SECOND FLOOR - SUITE A

The Hill on Empire, Parktown

Backup Generator Green Building Business Park Balcony Wheelchair Friendly Security

A second floor unit in this great new development offering beautiful views over the neighbouring suburbs.

R62 465 ex VAT /mo
Rate: R155 /m²
Size: 403 m²
TO LET B GRADE

DISPATCH 2ND FLOOR

The Media Mill

Wheelchair Friendly Security

No description available

R58 410 ex VAT /mo
Rate: R110 /m²
Size: 531 m²

Investments and developments

Capital and infrastructure activity in The Parks. These are projects that materially change the supply, access or amenity of the node.

  1. Recently completed2026

    Nine Yards: Joburg’s green town square reaches full bloom

    A mixed-use adaptive-reuse precinct at Jan Smuts Avenue and Chester Road in The Parks/Rosebank, created from a former nursery and repurposed residential properties, reached full activation in late May 2026 after phased opening from December 2025.

    City of Johannesburg ↗
  2. Under construction2026

    Future forward building for Johannesburg office precinct

    Concor began construction of 211 Oxford Road in the Oxford Parks precinct in Rosebank, a 10,500 m² five-storey office building with a four-basement structure designed to support future adjacent buildings, with completion targeted for November 2026.

    Engineering News ↗
  3. Under construction2026

    Building the future: Concor’s 11th Oxford Parks project takes off

    Concor reported that its 211 Oxford Road development in Oxford Parks broke ground in October 2025 and is being built as a premium single-tenant office building within the precinct.

    Engineering News ↗
  4. Under construction2025

    Concor to constructing tenth building for Intaprop in Oxford Parks Precinct

    Construction started in mid-April 2025 on 3 Parks Boulevard in Oxford Parks, a two-wing office development with 7,849 m² GLA and four parking levels, scheduled for completion in May 2026.

    Engineering News ↗
  5. Under construction2024

    Concor kicks off Oxford Parks Block 2A Phase I project

    Concor started Oxford Parks Block 2A Phase I in February 2024, comprising two office buildings at 10 Parks Boulevard and 55 Eastwood Road with basement parking and ground-floor retail, on a programme targeting September 2025 completion.

    Engineering News ↗

As of 2026-07-23

The bottom line

The Parks works best for a company with a precise brief. It rewards tenants that know how their clients arrive, how visible the premises need to be, and how much character they want in the workplace. Briefs that need large contiguous floors, deep on-site amenities or a uniform campus environment will usually test better in Sandton, Rosebank or formal office parks. The strongest Parks briefs are built around property-specific fit, day-to-day access and a workspace that can carry the company’s identity without overcommitting on scale.

The honest case is that The Parks is a selective node, not a default one. Its value sits in the gap between a conventional office district and a fully suburban location: more individual than a tower lease, more connected than a standalone suburb, and most effective when the building matches the way the business actually operates. Treat that as the closing test: choose The Parks when the address, layout and client journey make commercial sense together.

Frequently asked questions

The Parks is strongest for smaller, character offices, including converted houses, low-rise standalone buildings and boutique office suites suited to professional firms, agencies and consulting businesses. Tenants will also find refurbished office space with existing fit-outs, boardrooms and private offices, especially around the main routes feeding Rosebank, Parktown and Parkhurst. The usual trade-off is parking and expansion capacity versus location, with fewer large-floorplate options than in Sandton or Rosebank’s core office nodes.

Typical rentals in The Parks vary with building condition, fit-out quality, parking allocation and the exact position relative to Jan Smuts Avenue or Oxford Road. Better-maintained offices with efficient layouts and convenient access into Rosebank usually command firmer rentals, while older or less efficient spaces tend to be more negotiable. For a corporate tenant, the useful benchmark is the full occupancy cost: gross rental, parking, operating costs, tenant installation allowance and lease term.

Yes, The Parks can suit regional offices and selected corporate headquarters where the brief favours a quieter, established northern-suburbs setting over a dense office-node profile. Its appeal is strongest for professional services, family offices, NGOs and private companies that want access to Rosebank, Parktown and the M1 corridor without committing to a Sandton-style corporate tower. For large headquarters needing deep floor plates, high parking ratios and extensive staff amenities, Rosebank or Sandton will usually be the more direct comparison.

Office tenants in The Parks should expect parking to be handled building by building, with a mix of on-site basement, open, shaded or tandem bays depending on the property. In the more residential streets, visitor parking is limited, so companies with client traffic should prioritise buildings with controlled access, clear bay allocations and practical drop-off space. For staff-heavy teams, confirm parking ratios and overflow options before committing, because availability can vary materially between converted houses, small office blocks and larger managed properties.

Compared with Rosebank, Sandton and Illovo, The Parks is a lower-density office choice shaped by houses, converted premises and smaller office buildings, with Jan Smuts Avenue and Oxford Road doing most of the access work. Rosebank offers stronger retail and Gautrain amenity, while Sandton offers deeper corporate concentration. The Parks suits professional services firms that value a calmer client setting and quicker door-to-desk movement over the scale of a major office node.

In The Parks, day-to-day amenities are strongest around Jan Smuts Avenue, Parkhurst’s 4th Avenue and the village retail pockets in Parkview and Parkwood, where staff can walk to cafés, restaurants, convenience retail and service businesses. Corporate users also benefit from banking, pharmacies, gyms and medical practices, with Rosebank’s retail and Gautrain node reachable from the more eastern offices depending on the exact address. The practical trade-off is that amenity access is address-specific: offices fronting the main routes have better walkability, while properties deeper in the residential streets rely more on short vehicle trips.

Yes, but service is strongest on the main movement corridors: Jan Smuts Avenue, Oxford Road and Empire Road carry the area’s practical public transport access. Rosebank Gautrain is the main rail anchor for many tenants, with bus, taxi and e-hailing links handling the last leg into Parktown, Parkwood, Parkview and Parkhurst. Interior residential streets are less convenient, so a business with staff reliant on transit should prioritise space near arterial frontage or within a short walk of a recognised stop.

The Parks gives a business central Johannesburg access with a calmer operating environment than the main office nodes, especially for firms drawing clients or staff from Rosebank, Parktown, Sandton and the inner city. The area works well for professional practices, consultancies, medical users and client-facing firms that value Jan Smuts Avenue, Oxford Road and M1 connectivity without being locked into a dense corporate tower precinct. The main trade-off is that tenants should check parking, signage rights and building configuration carefully, because the area’s appeal often comes from converted and character properties as much as conventional office space.

The main drawbacks are limited office depth, older converted stock in parts of the node, and tighter parking layouts than tenants may find in Sandton or Rosebank. The area suits smaller professional firms, medical users and specialist teams, but larger companies may find expansion options fragmented across The Parks. Access is good by car, yet public transport visibility and walk-in retail energy are generally weaker than on Oxford Road or inside Rosebank’s commercial core.

Contact Anvil Property Smith to arrange viewings of office space in The Parks. A broker covering the area can shortlist suitable options, confirm availability and coordinate access with the relevant landlords or property managers.

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