Western Cape Retail Properties2017-10-31
Consider Some of These Growing and Flourishing Western Cape Retail Properties in Our Portfolio
Redefine is renowned for having an extensive portfolio of properties, including a wide range of Western Cape retail properties, of which some are briefly introduced below.
Blue Route Mall – 16 Tokai Road, Dreyersdal, Cape Town
With windy conditions and cloudy weather often experienced in Cape Town, it is no wonder people love shopping at places such as the Blue Route Mall, with its stunning shops, parking facilities, entertainment options, and beautiful interior. It is one of the most sought-after Western Cape retail properties, located only 15 minutes’ drive from Claremont, and within 25 minutes from the Cape Town CBD. As one of the upmarket retail malls in the Southern Suburbs, it offers shoppers an extensive array of stores. It is one of the oldest retail malls in Cape Town and as one of the foremost Western Cape retail properties in our ownership portfolio, you can expect world-class retail offerings here. The mall opened its doors for the first time in the seventies and has grown over the years to become a prime shopping destination for people from all over the Western Cape.
It covers an area of 56 600 m2 and offers no fewer than 2800 open and undercover parking bays. The mall is home to over 120 of the top and most popular shops and restaurants in the province. It boasts anchor tenants that include the likes of Edgars, Mr Price, Woolworths, Checkers Hyper, and Foschini, to name a few. Other retailers include names such as Cotton On Body and Forever Now. It is a mall with a diversity of shops, offering consumers a wealth of choices. What makes the mall even more popular as one the most-visited Western Cape retail properties are the entertainment offerings. Everything from restaurants and coffee shops to a large Ster Kinekor cinema complex with eight screens make for a relaxing time to be had by all. In addition, the mall also optimises the use of natural light and, with its beautiful surrounds, it is a sought-after mall for retailers looking for high visitor numbers, exclusivity, and a shopping address that is well-known throughout the Western Cape.
The Blue Route Mall has CCTV camera monitoring, patrolling security personnel, and 24-hour access security. It is a wheelchair-friendly destination for shoppers and with the mall also featuring a generator farm, shopping is not cut short when the city experiences power supply interruptions. This is important for retailers, as power outages usually go hand in hand with financial losses, because shoppers leave or cannot make card payments. As a bustling regional shopping mall in the southern part of Cape Town, leasing spaces here are in demand. The annual average foot count is 8,188 million – impressive by any standard.
Kenilworth Centre – 1 Doncaster Road, Claremont, Cape Town
Kenilworth Centre, another one of the very successful and well-known Western Cape retail properties owned by Redefine Properties, has long been a favourite shopping destination for Cape Town residents. The shopping centre is one of the oldest and best known in Cape Town, but it features a modern interior and a wide range of trendy shops. Expansion of the Kenilworth Centre through a redevelopment project was completed in March 2017. The redevelopment included the expansion of parking areas to cater for more vehicles. With it also being an exceptionally busy shopping centre, the addition of more parking bays certainly also benefits retailers, since it means more shoppers can be accommodated.
The redevelopment included the addition of 5000 m2 of retail space, giving shoppers even more shopping choices. Among the many well-known anchor tenants are Pick n Pay, Woolworths, Game, Checkers, Mr Price, Markham, and Miladys, in addition to various banks, fashion stores, health and beauty retailers, service providers, and more. The average annual foot count is 10,191 million, and with more than 96 tenants and the gross lettable area of 48 947 m2, the mall, with its many new additions (including improved flow from one division to another) remains one of the top Western Cape retail properties.
The above two malls are only two of the many popular Western Cape retail properties forming part of our property portfolio. We recommend viewing our full retail property list and to download the brochures of the centres and properties that interest you.