Baobab Boulevard | Moolman Group

DESCRIPTION

A brand new development from the Moolman Group in partnership with Networth Properties is underway in Polokwane. Baobab Boulevard is a new commercial precinct located adjacent to Munnik Avenue in the Polokwane suburb of Bendor. The location of the site is in the busiest and fastest-expanding part of town, close to the Mall of the North. Munnik Avenue also becomes the R81 main road leading to Tzaneen, putting Baobab Boulevard on a strategically important route.

The Moolman Group and Networth Properties, in a 50/50 partnership known as Polokwane Eastern Boulevard (Pty) Ltd (PEB) has entered into a long term lease with the City of Polokwane for the property on which Baobab Boulevard is being developed.

The site is approximately 15.4ha in size, comprising 21 stands ranging from 6,000m² to 16,000m². A limited number of properties were made available ‘for sale’ in such a manner that owners are able to develop themselves. The remainder will be developed by Polokwane Eastern Boulevard (Pty) Ltd (PEB). A number of uses are permitted on the site, from motor dealerships and motor-related products and services, to big box retail.

The development is laid out along what will be a tree-lined boulevard containing six traffic circles, each of which will be planted with a baobab tree. The baobab, which occurs locally in the Northern Province and adjacent areas, inspired the name of the development. The use of the trees adds to the local flavour of the development, and respects the principle of planting indigenous plants.

Construction commenced on 26 January 2015, with civil and electrical contractors already having been appointed to install bulk services with a combined value of approximately R43 million. The first stands are in the process of being sold to MGM Motors for the development of a Land Rover and Jaguar dealership. Building work on top structures expected to start soon.

Address

Munnik Avenue, Polokwane

Size

6,000m² - 16,000m²

Investors/Owners

The Moolman Group Networth Properties

Leasing Agents

The Moolman Group

Professional Team

Architect: Prism Architects Civil and Structural Engineer: Mechanical and Fire Engineer: Ingplan Consulting Engineers QS: Quanticost Electrical Engineer: Pienaar & Erwee Structural and Civil Engineers: Ellis Structural and Civil Engineers

Contact Details

Sönke Moolman-Pautz

Contact details email