Illovo at a glance
Illovo, a charming suburb located in the heart of Gauteng, South Africa, is an area known for its unique blend of residential tranquility and thriving business activity. Nestled between Sandton and Rosebank, two of Johannesburg's most prominent business districts, Illovo enjoys the benefits of a central location without sacrificing its peaceful atmosphere. This area, part of the larger Johannesburg Metropolitan Municipality, offers an attractive mix of offices, residences, schools, and amenities, making it a sought-after destination for both residents and businesses alike.
Surrounded by other well-regarded suburbs such as Hyde Park, Melrose, and Dunkeld, Illovo is an integral part of the Johannesburg urban node, known for its cosmopolitan lifestyle, shopping hubs, and world-class infrastructure. The historical significance and modern vibrancy of Illovo make it a fascinating area to explore, not only for its real estate opportunities but also for its rich history and contemporary charm.
Illovo's history is deeply intertwined with the broader development of Johannesburg and its transformation from a mining town to a sprawling metropolis. Like many suburbs in Johannesburg, Illovo's growth can be traced back to the gold rush of the late 19th century when fortune-seekers flocked to the Witwatersrand Basin. The suburb was established in the early 1900s, and its name is believed to have been derived from the Illovo River in KwaZulu-Natal.
One of the features of Illovo is the Illovo Boulevard, a prominent business hub in the area. Illovo Boulevard is a modern, office development that has become the epicentre of commerce in the suburb. Its design seamlessly integrates office spaces with the retail piazzas thereby creating a dynamic environment where business and leisure coexist. This development reflects Illovo's commitment to maintaining a balance between its historical roots and contemporary aspirations.
Illovo's residential market is marked by a diverse range of housing options, catering to various preferences and lifestyles. The suburb is characterized by tree-lined streets, spacious properties, and well-maintained gardens, creating a serene and inviting atmosphere. Residential properties in Illovo include family homes, large, well-priced apartments and townhouses making it suitable for singles, couples, and families.
Illovo is a thriving commercial hub, housing numerous businesses, including multinational corporations, legal firms, financial institutions, and more. The availability of prime office space in the area, coupled with its strategic location between Sandton and Rosebank, makes Illovo an attractive choice for businesses looking to establish a presence in Johannesburg.
Illovo Boulevard, in particular, has become a landmark for corporate offices. Its contemporary architecture, state-of-the-art facilities, and proximity to major business centres make it a preferred location for many companies. Whether you're a start-up seeking a foothold in Johannesburg or an established corporation looking to expand, Illovo offers a range of office spaces to meet your needs.
Illovo's accessibility is one of its key strengths. The suburb is conveniently located on Rivonia Road/Oxford Road which is a major arterial spine that connects to various parts of Johannesburg. Rivonia Road is a lifeline for commuters, providing a direct link to both Sandton, Rosebank and to the Johannesburg CBD, making it easier for residents and businesses to navigate the city.
For those who rely on public transportation, Illovo offers convenient access to the Sandton Gautrain Station using the Gautrain buses which traverse the area. This high-speed rail link connects Johannesburg to Pretoria and OR Tambo International Airport, making regional and international travel quick and hassle-free.
Illovo is also well-served by a network of buses and minibus taxis, providing reliable transportation options for daily commuters. The accessibility of these modes of transport ensures that residents and employees can easily navigate the city.
Shopping facilities in Illovo include Illovo Square, which is a popular retail and dining destination in the suburb. It features a variety of shops, boutiques, cafes, and restaurants, making it a convenient place for residents to shop, dine, and socialize. Thrupps Centre houses a range of high-end shops including an incredible grocery store that offers a huge range of internationally sourced ingredients and products, as well as top class eateries. It caters to the discerning tastes of Illovo's residents and visitors; and Oxford Muse Centre which houses several excellent restaurants including the Hogshead, adding to the convenience of living and working in the area. For corporate events, conferences, and weddings, Summer Place Conference and Events Venue offers a picturesque setting and top-notch facilities. It's a sought-after venue for both local and international gatherings. The Reserve in Melville Road also provides a venue for corporate functions and private events.
Illovo is renowned for its culinary scene, boasting a diverse selection of restaurants and eateries. Some of the top dining establishments in the area include The Griffin, known for its craft beers and gourmet burgers, Bellagio, offering fine Italian cuisine, Mastrantonio and The Fishmonger. Additionally, Momo Soko is a popular spot for contemporary African and international dishes or enjoy delicious woodfired pizza at Mud Hut at the Inanda Club.
Illovo welcomes travellers with a range of accommodation options, including hotels and guesthouses that offer comfort and convenience. Some notable establishments include the Protea Hotel by Marriott Johannesburg Wanderers, providing a luxurious stay, the cost-effective GIBS Illovo Hotel and Conferencing Centre and guesthouses like Illovo Lodge, offering a more intimate experience for visitors.
Illovo and its surrounding suburbs are home to several educational institutions, catering to the diverse needs of families residing in the area. These include: Pridwin Preparatory School, a well-regarded independent boys' school that provides a strong academic foundation and a nurturing environment for young learners; St. David's Marist Inanda which is an esteemed Catholic school that offers a holistic education, emphasizing academic excellence, character development, and community service; Hyde Park High School , a co-educational institution known for its academic rigour and comprehensive extracurricular programs and GIBS which is a globally recognized business school, situated in Illovo, offering a wide range of management and leadership programs to professionals and executives.
Cricket enthusiasts will find The Wanderers Cricket Stadium an iconic venue to enjoy both domestic and international cricket matches. The stadium's vibrant atmosphere and world-class facilities make it a must-visit for sports lovers, while golf enthusiasts can tee off at The Wanderers Golf Course, a scenic 18-hole course that offers a tranquil escape from the hustle and bustle of city life. The Wanderers Golf Club also provides a welcoming community for golfers of all levels.
For those who appreciate the elegance and excitement of polo, the Inanda Polo Club hosts thrilling matches and social events throughout the polo season. It's a prestigious venue that draws polo aficionados from around the country.
Illovo's strategic location and thriving business environment have attracted both national and international occupiers. Some prominent companies and organizations with a presence in the area include The World Bank, an international financial institution that has chosen Illovo as one of its locations in South Africa, emphasizing the suburb's significance as a global business hub; Sasria, a state-owned company specializing in short-term insurance, which has its headquarters in Illovo. This reaffirms the suburb's stature as a key player in the financial and insurance sectors. Fluxmans Attorneys, a leading law firm in South Africa, that has established its offices in Illovo, benefitting from the suburb's proximity to the Sandton and Rosebank CBD whilst retaining its tranquil characteristics; GIBS, a prestigious business school, has a prominent presence in Illovo, attracting students and executives from across the continent and beyond; The South African Institute of Chartered Accountants (SAICA) which is another notable occupant in Illovo, contributing to the area's reputation as a hub for professional services; Impala Platinum, one of the world's leading producers of platinum and associated platinum group metals, has offices in Illovo, reflecting the suburb's significance in the mining industry
When it comes to leasing office space in Illovo, teaming up with 5th Avenue Properties is a smart decision. Here's the reason why:
With a profound understanding of the commercial real estate market, including Illovo, 5th Avenue Properties brings years of industry experience to the table. Their team is equipped with the necessary knowledge and insights to help businesses find the perfect office space that caters to their specific needs.
5th Avenue Properties recognizes the individuality of each business. They collaborate closely with their clients to offer tailor-made real estate solutions that align with their specific objectives and financial plans. Their dedicated team is committed to achieving results, from negotiating favourable lease terms to ensuring the most efficient property layouts. With their experienced area specialists focusing on specific office nodes, such as Illovo, 5th Avenue Properties possesses extensive knowledge of the local property market. They can provide valuable advice to clients regarding the benefits of different locations, enabling them to make well-informed decisions that serve their business goals. Additionally, 5th Avenue Properties boasts a diverse portfolio of commercial properties, including offices and industrial units. Whether you are a startup, a growing business, or an established corporation, they have the expertise to assist you in finding the ideal location to enhance your operations. 5th Avenue Properties simplifies the leasing process, ensuring efficiency and convenience. Their expert team manages all aspects of the transaction, from property search and negotiations to lease agreements, allowing clients to focus on their core business activities. Client satisfaction is of utmost importance to 5th Avenue Properties. They prioritize the development of long-term relationships by delivering exceptional service, transparent communication, and ongoing support throughout the leasing process and beyond.
In conclusion, Illovo, Gauteng, South Africa, is a thriving suburb that seamlessly combines the convenience of urban living with a touch of tranquility. Its rich history, diverse real estate market, excellent transport infrastructure, numerous amenities, top-tier schools, and vibrant lifestyle venues make it an attractive destination for residents and businesses alike. With the support and market expertise of 5th Avenue Properties, leasing commercial office space in Illovo and the broader Sandton district becomes a strategic move for companies seeking to thrive in this dynamic environment.
From R105 per m² to R190 per m²