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Birch Acres Square - Isimuku St, Birch Acres, Kempton Park, South Africa

Convenience/Township Retail Portfolio | Retail | Tender

Details

Birch Acres Square

Corner Andrew Mapheto Drive and Isimuku Street, Thembisa

Birch Acres Square is a unique township convenience shopping centre and the only convenience shopping experience in Thembisa.

It presents prospective purchasers with a compelling investment opportunity in the burgeoning Thembisa retail market. It provides a strong, stable income stream generated from an excellent tenant mix of mostly national tenants.


Investments Highlights

  • Constructed during 2018/19 and opened in December 2019
  • Built in response to strong national tenant demand
  • Ground floor retail trading GLA of 6,227 m²
  • National tenants generate 86% of gross rental revenue
  • Anchor tenant Pick ‘N’ Pay on a 15 year lease
  • NOI: R11 295 548 for 12 months beginning 1st September 2023


Investment Memorandum

For a full Investment Memorandum and further information, please click on the welcome tab, Register, and complete the NDA.

Map Details

Transaction Advisor

Fabio Nava

Director: Capital Markets - Advisory & Transaction Services

Contact Fabio

CBRE Excellerate

CBRE Excellerate

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Henry Playne

Transaction Advisor

Contact Henry

Qando

Qando

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