Riverside, Mbombela (Nelspruit) has established itself as a vibrant and growing mixed-use, regional node with a considerable light industrial and value retail component, located in the southern and northern sections of the node. The northern section, beyond the N4 bypass, provides several exciting opportunities for investment and development. The Riverside node is the fastest growing node in Mbombela and, arguably, in Mpumalanga, with close to 25 000 to 30 000 of bulk square metres being built every year.
Oriprops are based at offices in The Grove Shopping Centre, R40, Riverside. We have a specialist Riverside broker division and can assist with all your commercial property needs in the area. We have a variety of opportunities; Greenfield stands with land use rights from office, retail, value retail and industrial, to a basket of these rights, perfect for owner tenants and developers; Sectional title development opportunities; existing industrial and light industrial buildings; existing sectional title retail units and developed offices for sale. With the N4 bypass running through the precinct, visibility, macro and micro access are excellent. Let us help you find the perfect space for your business or development.
Some of the notable developments and tenants in the immediate area include:
- Riverside Mall
- Metro File
- Union Motors
- Bidcorp Foods
- Vital DS
Other notable tenants are the Government Complex; The Grove Shopping Centre; Stay Easy, Emnotweni Hotel and Casino and Chill Pepper Boutique Hotel.
There are, additionally, 18 000 square metres of office space, developed, with another 10 000 square metres purchased and awaiting development. Studies indicate an additional 1 500 to 2 000 people circulating in the area once the office developments are complete and occupied. The area is dynamic and expanding at a rapid pace.
Elawini Lifestyle Estate is an 84 hectare security estate offering 299 stands in Phase 1. With 51 homes and 113 townhouses completed this is an exciting addition to the Riverside residential component. The existing residential estates, Riverside Gardens, Garden Pavilion and Riverside Estate offer well established residences in the heart of the node.
Riverside Park has been largely developed by Halls Properties, a well-known, long established property development business in Mbombela. Halls Properties has long-term township development experience and has focused on planning and implementing well-planned and serviced real estate for development.
The precinct is an official City Improvement District, run by the Riverside Park Precinct Association. CID benefits include focused nodal development, improved services in the public spaces such as cleaning, landscaping, security, cameras, Wi-Fi hotspots and an investment in precinct marketing. Live, Work, Shop & Play is the primary RPPA message to consumers.
The node offers:
- Excellent access to the Mozambique and Swaziland cross-border markets.
- World class transport infrastructure with the Kruger Mpumalanga International Airport nearby, and access to the Maputo Development Corridor linking the Port of Maputo to Gauteng.
- An unrivalled business and residential location in one of the fastest growth areas in the country.
- A large number of high profile businesses have chosen to relocate their premises to this node.
- A strong value-retail node, underpinned by Makro, attracting the consumer market.
The greater Riverside Park node currently accounts for:
- 26% of the office space in the City of Mbombela;
- 58% of the retail and show room space in the city; and
- 25% of the industrial space in the city and Rocky Drift, in White River.
Craig on 082 459 5898,
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for more information.