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News article

Sandton Retail Property

Published: 14 January 2020

Benmore Centre: Sandton Retail Property Located in A Sought-After Area

 

If you are looking for Sandton retail-property space, you will appreciate the location and facilities offered by Benmore Centre. Located at the corner of Grayston Drive and Benmore Road, this recently renovated shopping mall is a popular Sandton retail property. It boasts a history dating back to 1964, making it one of the best-established Gauteng retail property offerings. Don’t let its age fool you into thinking that its architecture is dated; to the contrary, this is a modern and chic Sandton retail property that has kept up with the times, catering to the shopping needs of affluent residents from its surroundings. Its location on South Africa’s richest square mile gives it the perfect location to cater to the shopping and lifestyle needs of high-income earners.

 

The mall has as many as 70 specialist retail stores. Such variety ensures shopper-retaining value. Woolworths and the Woolworths Café, along with Pick n Pay and Dis-Chem, are amongst the anchor tenants. With an on-site South African Post Office branch, many of the residents visit the centre more than three times a week to collect their post. This unique Sandton retail property also features four major banks amongst its tenants. Ample parking is available, adding to the attractiveness of the mall as a popular lunch-hour destination. It boasts several green features, including a green wall that provides for a natural and tranquil ambience. This retail property also has several water- and energy-saving features, including water-saving taps and flushing systems, in addition to energy-efficient LED light systems. Furthermore, this elegant Sandton retail property offers 23 028,4 m2 of shopping excellence, packed to the brim with boutique experiences. Everything from food on the go and deli-style diners to health foods and well-known restaurants make it a popular destination. The mall has a distinctive, cosmopolitan feel to it and the skylight floods the hallway with plenty of natural light.

 

The target audience consists mostly of females from the Living Standards Measure (LSM) 6-10 income bracket. From this group, three more clusters can be distinguished, the first being the residential regular customers from the LSM 10 income group that live in the immediate area. The second consists of the corporate convenience shoppers made up of males and females who work at the various office parks nearby. They come mostly from the LSM 6-10 income group. The third segment consists of students who attend nearby colleges. They are known as the snack group. With its five major anchor tenants, the mall has exceptional drawing power. Baby City and Toy Zone complete its line-up of major retailers. Banks such as FNB, Nedbank, Absa, and Standard Bank also have branches in the centre. Several top beauty brands have stores in this retail property as well, while the food-on-the-go outlets such as Nando’s and Simply Asia are popular, especially with the students.

 

The majority of this elegant Sandton retail property’s shoppers travel to it with their own private vehicles, with only 4% of shoppers commuting to the mall using taxi transport. The average car count per month comes to 165 000 and the annual foot-count average (for three years) is 6 262 036. The mall has an experienced management and marketing team to oversee marketing and promotional campaigns. With a strong social-media presence, a regularly updated website, and newsletters, the management team helps to keep the mall fresh in the minds of shoppers. Tenants can make use of the social-media presence, pave ads, ramp and glass-panel ads, as well as pillar wraps and parking gantries to promote their products and services.

 

Several exhibition spaces are offered at this boutique Sandton mall where tenants can engage with customers, conduct surveys, launch new products, and more. The mall has a jam-packed events calendar, ensuring a high foot count throughout the year. Trading hours are good and on weekdays the mall is open from 09:00 to 16:00, Saturdays from 09:00 to 14:00, and Sundays and public holidays from 09:00 to 14:00. With its location in Benmore Gardens, it is often frequented by people on their way to or back from work in the Sandton CBD.

 

If you want retail space in a mall that caters to students, corporate shoppers, and affluent female resident shoppers alike, you will appreciate Benmore Centre as a superb retail property in Sandton.

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