Luxury and Investment Properties: Cape Town Retail Shopping Centre Development

Luxury and Investment Properties

Cape Town Retail Shopping Centre Development

Investment opportunities start from R 0.5 to 96 MM (USD 50,000 to 9.6 Million)
Retail Centre Development is in the emerging area of Thembalethu, Cape Town, South Africa Thembalethu is the largest township of George and is home to some 35,500 people. The retail infrastructure of the township is currently limited to a few c-stores andspaza shops. The nearest shopping destination is in George CBD. Thembalethu. The township of Thembalethu is situated on the southern side of the N2 and is connected via Sandkraal Road to central business district of George, please contact us for more details.
Concept of Development
High Viability: low project construction costs in emerging areas (finishes, fittings and land), but tenants prepared to pay market related retail rates Great response from national & local tenants High occupancy rate Pre-lease contracts with national chain tenants
*Strenght of Site (professional valuation property report)*
Self-contained residential area, very little competitive retail infrastructure. The centre will be easily accessible for most residents. Visibility and Interception of the centre will be very good from all approaches, with workers and shoppers having to bypass the site to reach George CBD. The new centre will form a new commercial node & will be dominant in the current environment. Close to public transportation
Images

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