Hermanus Development – Opening Mid 2019
This exciting development is located at the prime intersection of Main (R43) and Mussel Roads, intercepting passing traffic from Cape Town, and anchored by a new, larger format Builders Warehouse. With Hermanus being a dominant destination for holidaymakers and a main retail hub for higher order goods, the area services a greater catchment that extends from Fisherhaven and Gansbaai, to as far as Caledon.
The town’s permanent active population fall predominantly within the higher income bracket, with the population levels almost doubling in the peak summer holiday period as many property owners and their families flock to the area to spend on luxury home improvement and lifestyle expenses. The targeted tenant mix will, therefore, include a combination of homeware, décor, food, speciality services and motor-related offerings. The existing retail offering is primarily situated in the CBD, presenting inconveniences including a lack of variety of national retailers, and product offering, as well as parking limitations.