Current
share price Loading...
Opening
share price Loading...
Movement Loading...
•••

News article

Gauteng Retail Properties to Rent

Published: 13 March 2018

Gauteng Retail Properties to Rent in Shopping Centres with High Traffic Volumes

If you are looking for quality Gauteng retail properties to rent, consider the following four shopping centres:

·         East Rand Mall

·         Centurion Mall

·         Golden Walk Shopping Centre

·         Benmore Gardens

East Rand Mall in Boksburg

With a gross leasable area (GLA) of 69 423 m2, an annual foot count of 12 million, 4460 parking bays, and a mall trading density of R35 463 per annum, East Rand Mall is certainly a top shopping centre to consider if you have been looking for Gauteng retail properties to rent. Among the anchor tenants are Cotton On, Mr Price Group, Edgars, Woolworths, and various other prominent national brands. Shoppers come from the Living Standards Measure (LSM) 7-10 income groups and are generally between 25 and 40 years of age. The average monthly household income is between R7500 and R30 000 and the average household size is four. Around 25% of visitors are families in the younger age groups. The gender balance is 50/50. Various top restaurants, family restaurants, fast-food outlets, speciality shops, and fashion retailers form part of the tenant mix. The shopping centre also boasts a 9-theatre cinema amongst its various entertainment offerings. It is one of our award-winning Gauteng retail properties, having recently been voted the best shopping centre in Ekurhuleni, as well as the most popular shopping centre in the region.

Centurion Mall

Located in the heart of Centurion CBD, it is one of the most centrally located Gauteng retail properties currently offering space to rent. With the Centurion Gautrain station within short walking distance, a taxi rank nearby, and the mall being within easy reach of the N1 highway, it receives local, regional, and national visitors. Shoppers are mostly from the LSM 8-10+ income groups, with the average household income of R30 000 per month. There are 1,8 income earners per household of 3,2 persons.

This super mall has a GLA of 115 300 m2 and offers more than 200 stores. The average annual car count exceeds 5 410 000. Most of its visitors are females, with 34% from the 25-34 age group and 35% from the 35-49 age group. It boasts banks, cellular service providers, grocery stores, fashion stores, speciality stores, restaurants, fast-food outlets, and entertainment facilities. The recently revamped mall has an open-air atmosphere, and is close to numerous large office blocks, hotels, and lodges. It is also near the SuperSport Park stadium. If you are looking for Gauteng retail properties to rent in a super mall, Centurion Mall is the answer. It has a relaxed character and has long been a favourite amongst businesspeople during lunch hours, and families over the weekends and in the evenings. Anchor tenants include Pick n Pay, Checkers Hyper, Game, and Woolworths.

Golden Walk Shopping Centre

If you are looking for Gauteng retail properties to rent in Germiston, consider the Golden Walk Shopping Centre. With its location in the middle of Germiston’s CBD, it caters mostly to taxi and train commuters’ shopping needs. It is a single-level shopping centre with a GLA of 45 123 m2. The easy-to-navigate centre is frequented by commuters going to and coming from work, and during lunch hours. The shoppers come mainly from the LSM 5-6 income groups, with females forming the majority of shoppers. The shoppers are mainly Pedi, Zulu, and Xhosa and are in the full-nest life cycle age group. The mall gets over 14,3 million visitors per year. The annual trading density is R26 776/m2. The commuter percentages are 12% by private vehicle and 71% by taxi.

Benmore Gardens Shopping Centre

Located in Sandton, Benmore Gardens is a modern shopping centre with a cosmopolitan ambience. It is very stylish and offers a combination of shopping and leisure facilities. It is certainly one of the boutique Gauteng retail properties where you can rent space for your service or product offering. Its shoppers come mainly from the LSM 6-10 income groups and consist of students from nearby educational facilities, corporate convenience shoppers, and residential regulars. It has 57 tenants with anchor tenants including Woolworths and Pick n Pay.

Email us for more information on all our Gauteng retail properties to rent or to enquire about available space in the above-mentioned shopping centres.

MENU