Randsteam, Richmond | Moolman Group

DESCRIPTION

Moolman Group, in partnership with Jonker Evolution has acquired a prime site in Richmond, i.e. the old Randsteam Laundries site, northwest of the Johannesburg CBD, in the Gauteng province.

The site is optimally located on the very busy Barry-Hertzog Ave, which allows it to capture transient support and is also well located between the office, student and residential markets.

Important landmarks surrounding the site includes the Millpark Hospital, the University of Johannesburg, Wits University, SABC, Media 24 as well as other major office components.

The Braamfontein area, situated on the eastern boundary consists of competing facilities with a similar ‘feel’ to our proposed development.

The site is classified as heritage with some of the structures still in existence. The centre will therefore be developed according to Heritage regulations with a mixture of old and modern allowing for unique design elements.

From the dwelling density technique, compiled by Fernridge, it is clear that the proposed site is surrounded by high density dwelling areas, including Melville, Rossmore, Westcliff and Parktown.

Randsteam will be anchored by Pick n Pay and Woolworths Food with Clicks.

The centre will comprise of approximately 5 100m² open-air retail with strong focus on convenience as well as an upmarket and unique retail and restaurant offering.

The opening date is estimated for May 2018.

Address

C/O Napier & Barry Hertzog, Richmond, Johannesburg, 2092

Opening Date

May 2018

Size

estimated 5,100m²

Anchor Tenant/s

Pick 'n Pay and Woolworths Food

Investors/Owners

Moolman Group & Jonker Evolution

Leasing Agents

Moolman Group

Contact Details

Cherene van der Merwe

Contact details email