Richmond Park – Commercial & Industrial to Let

Richmond Park is a new multi-billion Rand mixed use property development situated adjacent to the N7 highway. Located on a prime 84ha greenfield site in Milnerton, it will consist of retail, light industrial, commercial and warehousing developments. The property has bulk development rights of around 300,000 m² over the next 5-10 years. The Park's strategic location, focus on infrastructure investment and impressive access/visibility from the N7 will help to set it apart from other business parks in the region.

Letting Opportunities:

Office, retail and industrial development opportunities to tenant's requirements (subject to long term leases)

Sale Opportunities:

Approximately 1/3 of the greater site will be available for "sale" (99 year leasehold title), purchased on the basis of an upfront lease premium
Guide land price valuation: R1500/m² ex VAT

Features:
Flexible development opportunities
Secure park environment
Excellent access and infrastructure (including wide landscaped boulevards etc.)
Eskom power and Fibre ready

Availability
Service and roads are currently being installed. Developments to commence early 2017

mark

Broker
Mark Ellis Brown
mark@ellisbrown.co.za
082 449 7316