MONTAGUE BUSINESS PARK
Koeberg Rd, Cape Town
Carrying Value: R97,000,000
Land use, traffic and environmental approvals have all been obtained, and a site development plan has been submitted for a mixed use build-out of the site, incorporating both industrial and retail elements totaling 236,225m2 of bulk. Negotiations are progressing well for a proposed retail development on the Koeberg / Plattekloof corner of the site, and there is sufficient power available to complete this project. Eskom has confirmed that the site’s additional power requirements will be provided in two phases, with the first tranche of additional capacity coming on stream in January 2010. The remainder of the site’s requirements will be delivered by March 2011.
