Real Estate Investor Magazine South Africa March 2013 | Page 48
SMART MOVES
The other option is the Rea Vaya bus transport
system, but negotiations are still underway
with the taxi associations and while the bus
does offer another solution, the main mode
of transportation is still a mixture of private
vehicles, taxis and buses. More worrying for
businesses are the proposed e-tolls, which will
see the cost being laid at the feet of the business
owner as the e-tolls have a knock on effect on
operation costs. According to figures released
by SA National Roads Agency toll and traffic
manager Alex Van Niekerk, a motorist traveling
to work on the N1 from the Johannesburg
CBD to Pretoria CBD would pay R6 in each
direction, or R12 a day. If the motorist worked
five days a week, s/he would pay about R60 a
week, adding up to R2880 a year. With the
cost of travel becoming a worrying factor for
motorists, this could see more people choosing
to live closer to where they work or vice versa.
ABOVE: heat map based on the number of households per suburb in JHB
ADVANTAGES AND DISADVANTAGES
OF THE CBD
The CBD has distinctive competitive
advantages:
• Pivotal location in the city’s centre.
• Major public transportation hub:
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