Acornhoek is a densely populated, rural area on the R 40 main road between Hazyview and Hoedspruit. The Fernridge Site Evaluation Model rates the site as “excellent”. On top of that rating, Fernridge also describes the site as highly visible with very good access. The catchment areas is made up of 97 000 households, with an encouraging population size of approximately 445 000 people and an annual growth rate of 2.64%. The Fernridge market study shows that the retail potential is estimated at 233 000 m2 for the area. A centre with the size of 39 000m2 only needs to capture 19% of the retail potential. In anyone’s opinion, this is an excellent opportunity! Development The proposed development will comprise of major anchors, national fashion brands, food offerings and services. The proposed GLA is approximately 39 000 m2. The developer and owner of the property is the New Africa Developments Group. We confirm that all services required for the shopping centre is available. A large regional shopping mall High rise offices A Motor City A Private Hospital Private Education And a Convenience/Value Centre Gatzby
Posted on: Sat, 17 Aug 2013 19:27:29 +0000
Trending Topics
Recently Viewed Topics
© 2015