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News article

Centurion Retail Properties

Published: 15 May 2018

What Makes Centurion Mall Stand Out Amongst the Various Top Retail Properties?

 

Centurion Mall is one of Redefine Properties’ flagship retail properties. With its history dating back to 1983, the mall has undergone several revamps over the years to keep its architecture and shopping mix relevant. Our most recent revamp of the 115 300 m2 mall has added even more flair to this extremely popular shopping centre. It has various eye-catching and modern architectural features, which add to its aesthetic appeal.

 

We have introduced a new Woolworths atrium, in addition to a new atrium on the upper level, giving it a trendy look and feel. Visitors to the mall will agree that it is certainly one of the best-known Centurion retail properties. The mall offers visitors ample parking space and, with more than 200 retailers in the shopping centre, visitors are spoiled for choice when it comes to shopping opportunities. It is one of the most popular retail properties located within the heart of the Centurion CBD.

 

With it being near the N1 freeway and within walking distance of the Centurion Gautrain station, visitors as far away as Midrand, Sandton, Rosebank, and Pretoria can visit it with ease. It is a supermall, and the only one of all the Centurion retail properties of this size and magnitude. Thanks to its balanced mix of business facilities, grocery stores, speciality retailers, entertainment facilities, restaurants, and relaxation areas, it is one of the most frequented Centurion retail properties. The open-air sections tie in well with the enclosed mall division. It is a trendy mall, appreciated for its central and attractive setting.

 

Audience

 

As a supermall, it caters to the shopping needs of all age groups. About 34% of the female shoppers come from the 25-34 age bracket and 35% from the 35-49 age bracket. It is one of the Centurion retail properties catering to the shopping preferences of the middle- to higher-income groups with the living standards of shoppers falling in the Living Standards Measure (LSM) 8-10+ group. The average household income is around R30 000 per month, with 1,8 earners per household of typically 3,2 persons.

 

Tenant Mix

 

It is not just the sheer size of the mall that makes it one of the most iconic Centurion retail properties in our portfolio. It is also the extraordinary range of retailers, with the tenant mix well balanced between shopping and entertainment. The mall houses leading fashion retailers, top grocery chains, unique speciality stores, and entertainment providers. Tenants include the likes of Ster-Kinekor and various well-known fast-food outlets. It also includes anchor tenants such as Woolworths, Checkers Hyper, Game, Pick n Pay, Dis-Chem, and Edgars, among many other top brands. As such, it has superb pulling power and a high rate of return visits.

 

Trading Hours

 

Part of the convenience offered is that of long shopping hours. As such, tenants of the retail properties at Centurion Mall have more time to cater to the shopping needs of customers. Longer operating hours afford shoppers the opportunity to visit the mall after work. Trading hours are Monday to Thursday from 09:00-19:00, Fridays from 09:00-20:00, Saturdays from 08:00-19:00, and Sundays and public holidays from 09:00-17:00.

 

Quick Facts

 

The average mall trading density is R2577,27, with the annual foot count average at 1 172 311,33. The average annual car count is 5 418 191 and the gross lettable area (GLA) is 115 300 m2.

 

Superb Exposure

 

Tenants of the Centurion Mall retail properties benefit from the ideal location of the mall, in addition to the countless marketing opportunities offered. Numerous events are hosted at the mall, including the Beeld Spinathon, Wierie Road Race, and Carols & The Star. In-house advertising opportunities exist, giving tenants more reach within the shopping centre. Exhibition areas are offered where tenants can showcase new products, conduct market research, and interact with shoppers, so adding to their income.

 

Centurion Mall is a shopping centre that offers everything the tenant can wish for, including ample parking space, good security, a high foot count, and numerous anchor tenants. It is the type of mall frequented by businesspeople from the surroundings, weekly shoppers living in the vicinity, commuting workers, visitors to Gauteng, and leisure seekers.

 

Renting one of the retail properties in Centurion Mall affords you the opportunity to reach the affluent target audience of Gauteng.

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