NEW
Web Ref CL34883
ON AUCTION 26 NOVEMBER 2025 - Prime Retail Investment Anchored by Shoprite with Strong Nationals
Prime Retail Investment Anchored by Shoprite with Strong Nationals
The property is a well-established shopping center featuring a Gross Lettable Area (GLA) of 8,567m² and a strong occupancy rate of 90%. It hosts a total of 26 tenants, anchored by Shoprite, a leading national retailer with 8 years remaining on its lease.
The center offers a diverse tenant mix, including both national retailers and convenience-focused local operators, ensuring steady foot traffic and consistent trading performance.
Key Highlights
-GLA: 8,567m²
-Occupancy: 90%
-Tenants: 26 in total
-Anchor Tenant: Shoprite – 8 years remaining on lease
-Other National Tenants: Pep, Cash Crusaders, and Tekkie Town
-Layout & Accessibility: Modern, well-designed layout with excellent pedestrian flow and ample on-site parking
- Retail Mix: Balanced blend of national brands, service providers, and convenience outlets
This shopping center represents a solid and dependable retail investment opportunity, supported by a strong tenant base and sustainable trading performance.
The property is a well-established shopping center featuring a Gross Lettable Area (GLA) of 8,567m² and a strong occupancy rate of 90%. It hosts a total of 26 tenants, anchored by Shoprite, a leading national retailer with 8 years remaining on its lease.
The center offers a diverse tenant mix, including both national retailers and convenience-focused local operators, ensuring steady foot traffic and consistent trading performance.
Key Highlights
-GLA: 8,567m²
-Occupancy: 90%
-Tenants: 26 in total
-Anchor Tenant: Shoprite – 8 years remaining on lease
-Other National Tenants: Pep, Cash Crusaders, and Tekkie Town
-Layout & Accessibility: Modern, well-designed layout with excellent pedestrian flow and ample on-site parking
- Retail Mix: Balanced blend of national brands, service providers, and convenience outlets
This shopping center represents a solid and dependable retail investment opportunity, supported by a strong tenant base and sustainable trading performance.
Features
Zoning
Retail
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
8,567m²
Land Size
8,502m²
STREET MAP
STREET VIEW
