Nkomo Village opens its doors for trade and opportunity
Nkomo Village situated on the northern side of Atteridgeville, officially opened to consumers on Thursday, 22 November 2018. With an investment value of R345 million this prominent node is easily accessible to both immediate and surrounding suburbs via the R104, close access to the N4 highway, the Saulspoort, Atteridgeville and Kalafong train stations as well as 16 bus and taxi depots.
Safari Investments’ decision in terms of placement of the development became clear when analysing Atteridgeville and the nearby communities of Saulsville and Lotus Gardens’ growing residential development. With 13 schools, 6 churches, community centres, a popular sports complex, the Saulsville Arena and Ga-Mothakga Resort all within a 5km radius, the strategically-situated attraction with a Gross Built Area of 24,500m² received great interest and demand for space from retailers. Nkomo Village upon opening accommodates more than 50 retailers, being co-anchored by Pick ‘n Pay and Boxer. The centre also brings to the community its first Builders Superstore and McDonalds Drive Thru as well as a Chicken Licken Fly Thru, Food Lovers Market, the Gym Company, and an Engen filling station due to open in the third quarter of 2019.
Positioned as a landmark of growth and development, Nkomo truly embodies this with immediate and substantial benefits and opportunities for the community in which it is based. Increasing the already existing social vibrancy, enhancing the communities’ aesthetics and in turn property value, as well as improving the economic circumstances and quality of life. At the heart of this development was the viability and sustainability of the centre which brings, to the estimated populated of 249 500 as at 2018, permanent, contractual, part-time and casual jobs as well as additional opportunities during peak seasons. While ensuring central and convenient commuting with over 680 on-site parking bays including taxi parking facilities will benefit retailers as well as public transport operators in terms of quantity of commuters while ensuring quality (shorter travel time) for commuters. Most importantly, however, is ensuring that the income earned by the community is retained and spent in the community, ultimately increasing wealth and the growth of a sturdy and fully-functioning economic hub.
Safari Investments, one of the first property companies to invest heavily in large retail centres in underdeveloped areas, consciously drives sustainable income and capital growth endeavouring to consistently add value not just to their shareholders but to the communities in which they are based.