Commercial Property News South Africa

Waterfall Business Estate adds shopping centre

Waterfall Business Estate in Gauteng has opened Waterfall Corner, a prime neighbourhood convenience centre, anchored by Woolworths, Checkers and Clicks. It has a vibrant public piazza at its heart and its restaurants include Beluga, Remo's, Life Grand Cafe, The Raj, Vovo Telo and Yamoda Sushi.
Waterfall Business Estate adds shopping centre

Developed by Atterbury Property Developments and owned by Attacq Waterfall Investment Company, of which Attacq holds 85.9% and Atterbury Property Group owns 14.1%, the 10,294sqm centre has a prominent position at the main intersection of Kyalami Road and Maxwell Drive. Besides being located to serve the high-end residents of Waterfall, it is also in convenient proximity to neighbouring Woodmead, Kyalami and Midrand.

"Waterfall Corner is ideally positioned to cater to the needs of the growing upmarket residential market of Waterfall," says James Ehlers, MD of Atterbury Property Developments. "In July 2014, Waterfall Lifestyle Centre will open across from Waterfall Corner." Currently under development, this conveniently located centre will feature a brand-new Virgin Active gym.

Atterbury is also in the process of constructing the Mall of Africa, in Waterfall City, the heart of Waterfall. The 130,000sqm mega-mall, offering around 300 stores, is the largest single-phase mall yet to be constructed in South Africa. The Mall of Africa is due to open in April 2016.

Let's do Biz