Birch Acres Square - Isimuku St, Birch Acres, Kempton Park, South Africa
Convenience/Township Retail Portfolio | Retail | Vendita a Offerta Riservata
Dati
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.
Mappa
Transaction Advisor
Fabio Nava
Director: Capital Markets - Advisory & Transaction Services
Contatta Fabio
