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There are often cases, particularly in older sectional title blocks, where units will need modernising or upgrading in some way or another.
Sun City’s four hotels and the entertainment zones are in the process of being revamped in a five-year, R1-billion upgrade which will be complete in 2017.
Fairvest Property Holdings owned, Nyanga Junction Shopping Centre destined for a complete makeover.
While the location of a commercial property is always of key importance, the appearance of the building plays a significant role in attracting and retaining tenants due to the perceived desirability of the venue, says Rudolf Nieman, managing director of JHI Project Management – a member of the Excellerate Property Services group