Tyger Waterfront on market

Posted On Sunday, 05 August 2001 03:01 Published by
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MARKETING is now under way of the remaining 6,4 of the original 25 hectares of the Tyger Waterfront

MARKETING is now under way of the remaining 6,4 of the original 25 hectares of the Tyger Waterfront
development which borders on Carl Cronje Drive, opposite the Tyger Valley shopping centre.
This last portion, which offers both commercial and retail space, fronts the four hectares of open
water which is its prime feature.
Says Pieter van der Westhuysen of Capitol Commercial Properties that has sole mandate to market the
development; "The Tyger Valley area, especially along Durban Road, has been the most successful
decentralised node in the Western Cape."
"We envisage that the Tyger Waterfront will be the focal point of growth over the next few years.
A new half-diamond interchange will soon provide access to Carl Cronje Drive from the N1, making
it less than 20 minutes from central Cape Town."
"The 6,4 hectares now on offer will be fully serviced (R13m is being spent and contractors are
presently on site) and the 14 erven which make up the total have been designed in close
co-operation with the Tygerberg Municipality."
Namibian businessman, Billy de Lange, bought the 25-hectare site on public tender some years ago
and portions have been previously sold to other parties and successfully developed.
Entrance to the complex will be via a bridge over the canal, gated and security controlled.
The 14 parcels of land which make up the 6,4 hectares vary in size between 2 100sq m and 4 330sq m.


Publisher: Cape Business News
Source: Cape Business News

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